ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Economy

India's flawed sugar trade policies leave bitter taste

New Delhi should drop damaging interventionism and rely on global markets

 (placeholder image)
A farmer works in his sugarcane field on the outskirts of Ahmedabad, India.   © Reuters

Just seven months after it stopped trying to use export subsidies to clear a glut of domestically produced sugar, India is employing a hefty export tax, along with retail price controls and stock limits on mills and traders, to deal with soaring prices caused by a shortage.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more