India becomes largest producer of sugar; its second-largest exporter

Current Affairs

  • India has emerged as the world’s largest producer and consumer of sugar as well as the world’s second-largest exporter of sugar.
  • In the recently-concluded sugar season (October 2021 to September 2022), a record 5,000+ lakh metric tons (LMT) of sugarcane was produced in the country, out of which about 3,574 LMT of sugarcane was crushed by sugar mills to produce about 394 LMT of sugar (sucrose).
  • Out of this, 35 LMT sugar was diverted to ethanol production and 359 LMT sugar was produced by sugar mills, according to information provided by the Ministry of Consumer Affairs, Food and Public Distribution.
  • During the sugar season 2021-22, sugar mills procured sugarcane worth more than Rs 1.18 lakh crore and released payments of more than Rs 1.12 lakh crore with no financial assistance (subsidy) from the government.

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