INDIA AND SUGAR
The Government cf India has, it is! reported, decided against, nominating a representative of India on the International Sugar Board to be formed under the London Sugar. Convention. Sir D. Meek, India's Trade Commissioner in London, signed the convention on behalf of India, subject to ratification by the Central Legislature. Such ratification is not anticipated because of the opposition to the provision debarring India from exporting sugar anywhere except to Burma. The Indian sugar industry hopes in course of time to build up an export trade when costs of production have been reduced to the world level, or even before; in some quarters there are claims for a quota in the British market. The recently-formed Indian Sugar Syndicate is stated to have taken over the entire unsold stocks of sugar of over 90 factories of different provinces with a view to selling them at rates and in quantities fixed by it. This stert was necessary because of the fall in the price of sugar, inside India.
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Evening Post, Volume CXXIV, Issue 133, 2 December 1937, Page 13
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169INDIA AND SUGAR Evening Post, Volume CXXIV, Issue 133, 2 December 1937, Page 13
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