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ISMA releases preliminary estimates of sugar production, ample availability predicted in 2024-25
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Saturday, 09 November, 2024, 12 : 00 PM [IST]
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Our Bureau, New Delhi
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ISMA had released its preliminary estimates of sugar production for 2024-25 on July 30, 2024, as 333 lakh tons of gross sugar production. The same was based on the pan-India imagery taken in 3rd week of June 2024, and findings of field reports, considering normal monsoon.
As is the practice, pan-India Imagery was taken in 3rd week of October 2024, and the same was discussed in the executive committee meeting held on November 5, 2024. It was noted that crop condition looks good in the major sugarcane producing states and field reports also align with the findings of the satellite mapping report.
Sufficient availability of sugar, as indicated above will not only ensure a comfortable stock for domestic consumption and sustain the Ethanol Blending Program (EBP), but also open the room for exports, contributing to maintain the financial liquidity of sugar mills, enabling timely payments to farmers.
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