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By:

Rajendra Joshi

3 December 2024 at 9:20:26 am

Pakistan eyes India’s sugar shortage

Kolhapur: Twenty-seven years after the controversial “Sugar Gate” episode during the Atal Bihari Vajpayee government, Pakistan is once again eyeing India’s sugar market, this time seeking permission to export up to 1.2 million tonnes of sugar to India amid a tightening domestic supply situation and a sharp rise in prices. The Pakistan Sugar Mills Association has approached the Pakistan government seeking approval to export up to 1.2 million tonnes of surplus sugar to India. The proposal comes...

Pakistan eyes India’s sugar shortage

Kolhapur: Twenty-seven years after the controversial “Sugar Gate” episode during the Atal Bihari Vajpayee government, Pakistan is once again eyeing India’s sugar market, this time seeking permission to export up to 1.2 million tonnes of sugar to India amid a tightening domestic supply situation and a sharp rise in prices. The Pakistan Sugar Mills Association has approached the Pakistan government seeking approval to export up to 1.2 million tonnes of surplus sugar to India. The proposal comes days after India permitted duty-free imports of one million tonnes of sugar to cool domestic prices, raising the possibility of Pakistani sugar entering the Indian market. The proposed exports are significant against the backdrop of the controversy that erupted in Parliament in August 1999, when India imported sugar to address a domestic shortage. The Congress had then alleged that a substantial portion of the imports came from Pakistan and accused the Vajpayee-led BJP government of favouring sugar mills linked to the family of then Pakistani Prime Minister Nawaz Sharif. The government rejected the allegations, but the episode became a major political controversy. The latest development has acquired added significance because India is again facing a delicate demand-supply situation in sugar. Prices have surged sharply, with retail sugar prices nearing the Rs 70-a-kg mark in several markets. The Centre’s decision to allow one million tonnes of duty-free imports is aimed at improving domestic availability and containing prices ahead of the festival season. Pakistan’s sugar industry sees an opportunity in the situation. According to the Pakistan Sugar Mills Association, Pakistan had around 2.8 million tonnes of sugar stocks as of August 15, while monthly domestic consumption is estimated at about 550,000 tonnes. Pakistan’s sugar industry has also highlighted the country’s foreign-exchange constraints. The timing of the proposal is therefore significant. India’s decision to open a window for duty-free sugar imports has created an opportunity for Pakistan’s sugar industry to dispose of its surplus stocks while earning valuable foreign exchange. For India, however, any proposal to source sugar from Pakistan is likely to carry political as well as economic implications. The memory of the 1999 “Sugar Gate” controversy remains relevant, particularly because the proposed Pakistani exports come at a time when sugar prices and domestic availability have once again become politically sensitive issues. Whether Pakistan is eventually permitted to enter the Indian sugar market remains to be seen. But the request has already revived memories of a controversy that once shook Parliament and has placed Pakistan’s surplus sugar stocks squarely in the spotlight of India’s current sugar crisis.

Discussions on among allies for govt formation: Ajit Pawar

Updated: Nov 29, 2024

Ajit Pawar

Mumbai: Deputy Chief Minister and NCP head Ajit Pawar on Monday said discussions were underway among the Mahayuti partners to finalise a formula for the new government formation in the state.


Speaking to reporters at Karad in Satara district, Pawar also acknowledged the contribution of the government's Ladki Bahin scheme, which provides financial assistance to women, in the Mahayuti's victory in the just-concluded state assembly polls.


The NCP leader also assured that the alliance was working cohesively following its resounding victory in the state assembly elections.


Pawar paid tributes to Maharashtra's first chief minister Yashwantrao Chavan at his memorial in Karad on his death anniversary.


In the state poll results declared on Saturday, the Mahayuti, which comprises the BJP, Chief Minister Eknath Shinde's Shiv Sena and Ajit Pawar-led NCP, bagged an impressive 230 of the 288 assembly seats.


The focus has been on BJP leader and Deputy Chief Minister Devendra Fadnavis, who is being seen as a strong contender to occupy the top post for the third time, as his party bagged 132 of the 149 seats it contested in the state.


Notably, Maharashtra minister and Shiv Sena leader Deepak Kesarkar has said his party legislators feel Eknath Shinde should continue as the chief minister of the state, where the ruling Mahayuti scored a landslide victory in the assembly polls.


Ajit Pawar said, "We will decide what formula to work out on the cabinet formation among the three parties."


Reflecting on the elections, he acknowledged the contribution of the Ladki Bahin scheme in the Mahayuti's win.


"We cannot ignore that Ladki Bahin helped us in this election. We are grateful to them (women voters)," he said.


Defending the scheme, Pawar, who is also the state finance minister, further said, "Had I been opposed to the Ladki Bahin scheme, I would not have presented it in the House. I discussed the scheme with several retired finance officers before finalising it."


Pawar also dismissed concerns raised by some opposition leaders over the Electronic Voting Machines (EVMs), pointing out that polls in states like Punjab, West Bengal and Telangana, governed by their political opponents, have been conducted with the same system.


Commenting on members of same families contesting against each other during the elections, Pawar expressed annoyance over repeated questions on it.


He then asked, "Why was my close nephew fielded? Atram's own daughter was fielded against him, and even Rajendra Shingne faced a similar challenge. I don't want to comment further on this. I have got tired of apologising for fielding my wife against Supriya. Yugendra was in business, then why was he prepared to contest against me?"


In the Baramati assembly seat, Ajit Pawar was pitted against his nephew and NCP (SP) candidate Yugendra Pawar.


In Aheri seat, NCP leader Dharamraobaba Atram's daughter Bhagyashree Atram contested against him on NCP (SP) ticket.

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