Govt Mulls Over New Sugar Export Policy; Stocks Jump Up To 20%

Govt Mulls Over New Sugar Export Policy; Stocks Jump Up To 20%

Thursday, June 27, 2019
Most sugar stocks traded with healthy gains in Thursday’s session amid reports that the central government is mulling over framing new sugar export policy to reduce glut and address the concerns of the depressed sugar industry.

ETNow reported today that the PMO will work with Food Ministry on new sugar policy post the Budget and may decide on rolling out an export-linked subsidy scheme for sugar mills.

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