The Commerce Ministry has given the green light for the duty-free import of raw sugar, capped at 10 lakh metric tonnes, valid until October 31. This decision follows a supply crunch that pushed sugar prices up by nearly 40% over the last two months, partly driven by the country's shift toward E20 petrol. The measure is intended to stabilize the market during the upcoming festive season, a time when sugar consumption typically sees a sharp increase.

by shortkt.com✓

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