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SUGARCANE

7th October, 2022

Disclaimer: Copyright infringement not intended.

Context

  • In Sugar Season (Oct-Sep) 2021-22, a record of more than 5000 Lakh Metric Tons (LMT) sugarcane was produced in the country.

Details

  • Out of 5000 Lakh Metric Tons (LMT) sugarcane about 3574 LMT of sugarcane was crushed by sugar mills to produce about 394 LMT of sugar (Sucrose). Out of this, 35 LMT sugar was diverted to ethanol production and 359 LMT sugar was produced by sugar mills. With this, India has emerged as the world’s largest producer and consumer of sugar as well as the world’s 2nd largest exporter of sugar.
  • The season has proven to be a watershed season for Indian Sugar Sector. All records of sugarcane production, sugar production, sugar exports, cane procured, cane dues paid and ethanol production were made during the season.

 

Final Thought

  • The success story of sugar industry is the outcome of synchronous and collaborative efforts of Central and State Governments, farmers, sugar mills, ethanol distilleries with very supportive overall ecosystem for business in the country.

 

Must read: https://www.iasgyan.in/blogs/sugarcane-industry-38

https://www.pib.gov.in/PressReleasePage.aspx?PRID=1865320#:~:text=In%20Sugar%20Season%20(Oct%2DSep,LMT%20of%20sugar%20(Sucrose).

https://www.thehindu.com/business/watch-business-matters-what-does-the-law-say-on-moonlighting/article65972901.ece