21st February, 2003
Ministry of Consumer Affairs, Food & Public Distribution  


OCEAN FREIGHT SUBSIDY


Rajya Sabha

The Central Government has decided that neutralization of ocean freight disadvantage would be reimbursed to sugar factories at the rate of Rs. 350 per tonne with effect from February 14, 2003. It would boost exports of sugar further.

As per published data of Director General of Commercial Intelligence & Statistics (DGCI&S), Kolkata, the quantity of sugar exported between April, 2002 and August, 2002 is 4.62 lakh tonnes valued at Rs. 509.89 crores.

This information was given in Lok Sabha today by the Minister of State for Consumer Affairs, Food and Public Distribution Shri Subhash Maharia in a written reply.