date:Jan 03, 2014
-largest producer of the sweetener, will put further pressure on global prices, which are currently hovering at a 3-1/2-year low.
Now, trade and government officials say New Delhi could announce tax breaks for mills as early as this week.
Mills can offer discounts and seal export deals if the government provides them some kind of financial support for raw sugar production, said Kamal Jain, managing director of Pune-based brokerage Kamal Jain Trading Services.
Subsidies for exports could attra