Brief by Shorts91 Newsdesk / 04:57pm on 25 Aug 2026,Tuesday India
India has eased duty-free raw sugar import rules, replacing an October 31 deadline with a two-month processing window from the date of filing the Bill of Entry. The move comes as sugar prices rise ahead of the festive season and the government steps up efforts to curb hoarding. Under the original August 20 notification, up to 1 million tonnes could be imported under a tariff-rate quota. Prices rose from Rs 48.18 per kg on July 20 to Rs 63.05 on August 24. The government cited lower production, weather-related crop damage, global supply concerns and hoarding. Domestic stocks stand at 3.5-3.9 million tonnes. From September 1, bulk sugar consumers face a 15-day stockholding limit. (PC: News18)
