# No plans to allow extra sugar imports - Food Minister Ram Vilas Paswan

> India's Food Minister said there are no plans to allow extra sugar imports beyond the 500,000 tonnes of duty-free raw sugar already approved. He said mill stocks will cover demand and that the government has no immediate plans to raise the 10 percent wheat import tax.

- Date: 2017-05-11 · published 2017-05-11T12:00:00.000Z
- Category: policy · region India · magnitude low
- Page: https://feedsoft.ai/events/70987-no-plans-to-allow-extra-sugar-imports-food-minister-ram-vilas-paswan
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Confirmed domestic supply adequacy reduces the chance of extra Indian sugar import demand, which is bearish for world sugar. Wheat policy is unchanged for now.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2024-01-13 | [India has no plans to import wheat for now - trade minister](https://feedsoft.ai/events/32104-india-has-no-plans-to-import-wheat-for-now-trade-minister.md) | +1.9% | +8.1% |
| RICE | 2022-08-30 | [Government has no plans as of now to curb rice exports: Official source](https://feedsoft.ai/events/39989-government-has-no-plans-as-of-now-to-curb-rice-exports-official-source.md) | -2.5% | +0.2% |
| RICE | 2022-05-31 | [Government Has No Plans To Ban Rice Exports, Says Official – Outlook Business](https://feedsoft.ai/events/41475-government-has-no-plans-to-ban-rice-exports-says-official-outlook-business.md) | -1.4% | -7.2% |
| RICE | 2023-05-24 | [Export of broken rice allowed to meet food security needs subject to govt permission](https://feedsoft.ai/events/35898-export-of-broken-rice-allowed-to-meet-food-security-needs-subject-to-govt.md) | +3.6% | +5.5% |
| RICE | 2017-09-05 | [Commerce Ministry to bring policy for agri exports soon: Prabhu \| Commerce Ministry to bring policy for agri exports soon: Prabhu](https://feedsoft.ai/events/68935-commerce-ministry-to-bring-policy-for-agri-exports-soon-prabhu-commerce.md) | -2.1% | -5.1% |
| WHEAT | 2024-01-13 | [India has no plans to import wheat for now - trade minister](https://feedsoft.ai/events/32104-india-has-no-plans-to-import-wheat-for-now-trade-minister.md) | +0.9% | -1.1% |
| WHEAT | 2017-03-23 | [May Reimpose Import Duty On Wheat: Union Minister Ram Vilas Paswan](https://feedsoft.ai/events/71964-may-reimpose-import-duty-on-wheat-union-minister-ram-vilas-paswan.md) | +2.4% | +1.5% |
| WHEAT | 2022-06-03 | [India says no plans for now to curb food exports](https://feedsoft.ai/events/40901-india-says-no-plans-for-now-to-curb-food-exports.md) | -0.2% | -0.4% |

## Sources

- business-standard.com: https://www.business-standard.com/article/reuters/no-plans-to-allow-extra-sugar-imports-food-minister-ram-vilas-paswan-117051100921_1.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.
