India has no good reason to hoard sugar

Even if prices rise, ending export restrictions will have positive effects

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20231113 sugarcane juice india

A sugar cane juice vendor in Mumbai: Restraining sugar prices can incentivize domestic overuse of sugar and carry costly health consequences. © Reuters

Prerna Sharma Singh is a director and co-founder of the policy research and advisory company Indonomics Consulting in New Delhi and heads its agriculture, food and retail practice.

Worries about rising food prices are increasingly driving Indian export policy as a round of five state elections begins and the country girds for national polls next year.

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