Current Affairs - Economy - Discussion

India prohibited the export of raw, white, and refined sugar until September 30, 2026, through an amendment to the trade policy announced by the Ministry of Commerce and Industry. The decision was taken to ensure adequate domestic supply and stabilise sugar prices in the local market. The prohibition applies to specific ITC (HS) codes under Chapter 17 of the trade classification system. Certain exemptions continue for quota-based exports to the European Union and the United States, shipments under the Advance Authorisation Scheme, and consignments related to international food security commitments. If not extended further, the export status will revert to “Restricted” after September 2026.