ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Ship Repairing- Another Windfall

December 11, 1982 the point? India had tailed to export any sugar in both 1980 and 1981, And in 1982 whereas the State Trading Corporation had contracted for exports of 4.8 lakh tonnes, actual shipments had amounted to only 3.5 lakh tonnes by September. Reports talk of shipments of another 1 lakh tonnes, but they need to be taken with a pinch of salt. The reason is simple. The world price of sugar is around Rs 650 per tonne lower than even our levy price. Exports thus offer no solution to the sugar industry's problem.

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