For 1st time in a decade, India to import 10 lakh tonnes of sugar

Sugar imports open after decade as govt moves to check price surgeNEW DELHI: Govt Thursday allowed the import of 10 lakh tonnes of raw sugar, the first such move in a decade, as it stared at a possible decline of at least 20% in the opening stock of the sweetener.The move came soon after the food ministry ordered that

To control prices, the government imposed a stockholding limit on bulk consumers using more than 10 tonnes of sugar a month