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Export Ban Has Left Sugar Factories and Sugarcane Farmers in a State of Panic, Fearing Economic Collapse
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Kolhapur: The country was expected to produce 324 lakh metric tonnes of sugar in the current season. Of this, about 34 lakh metric tonnes of sugar would be converted to ethanol and net sugar production was expected to stabilize at 290 lakh metric tonnes. However, this year, there was a decline in sugar production and production came to 275 lakh metric tonnes by the end of April. Due to this, the central government has imposed strict restrictions…
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