The Indian government is planning to ban sugar exports due to a decline in output and to prevent inflationary pressures before the Lok Sabha elections next year, as per reports.

India to ban sugar exports amid reports of decline in production: Report

Indian sugar mills have produced 485,000 tonnes of the sweetener between Oct. 1 and Nov. 15, down from 1.34 million tonnes last year, the Indian Sugar Mills Association said in a statement on Wednesday.

India's October 1-November 15 sugar output down 64%: Industry body

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India to ban sugar exports amid reports of decline in production: Report

India's October 1-November 15 sugar output down 64%: Industry body