India's sugar exports has risen by 57 percent to the

Solution

According to the data provided by the government, India’ s sugar exportsrose 57 per cent to 109. 8 lakh tonnes during 2021- 22 marketing year ended September2022, resulting in foreign currency inflow worth about Rs 40,000 crore into the country. Sugarcane arrears to farmers stood at only Rs 6,000 crore at the end of 2021- 22 marketing year ( October- September) as mills have already paid Rs 1. 12 lakh crore to farmers out to total payable amount of Rs 1. 18 lakh crore. In 2021- 22 marketing year, India has emerged as the world’ s largest producer and consumer of sugar as well as the world’ s 2nd largest exporter of sugar. A record of more than 5,000 lakh tonnes of sugarcane was produced in the country during 2021- 22, out of which about 3,574 lakh tonnes were crushed by sugar mills to produce about 394 lakh tones of sugar ( sucrose). Out of this, 35 lakh tonnes of sugar was diverted to ethanol production and 359 lakh tonnes of sugar was produced by sugar mills.