India: Govt lowers sugar output to 23 mln tonnes in 2012-13

The government on Tuesday revised downwards the estimate of the country’s total sugar output to 23 million tonnes in the current marketing year that will be just sufficient to meet the demand.

At the beginning of the ongoing 2012-13 marketing year (October-September), the Food Ministry had pegged sugar output at 24 million tonnes, against 26.06 million tonnes last year.

“Sugar production in the current season 2012-13 is estimated to be sufficient to meet the estimated domestic consumption requirement,” Food Minister K V Thomas said in a written reply to the Lok Sabha.