{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Daybreak","title":"The great Indian sugar trap: how a decade of surplus left India with nothing to spare","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/83997e95\"></iframe>","width":"100%","height":180,"duration":701,"description":"India is importing sugar for the first time in nearly a decade — a million tonnes, duty-free — to cool prices before the festive season. Four years ago, it exported a record 11 million tonnes.\nRetail prices are up around 40% from last year. In Odisha, a kilo crossed ₹67. The government has capped stocks, halted exports and ordered mills to declare their sales.\nProduction came in about 11% below forecast, at 30.6 million tonnes.\nThe world's second-largest sugar producer just became an importer. How?\n\nDaybreak is produced from the newsroom of The Ken, India’s first subscriber-only business news platform. Subscribe for more exclusive, deeply-reported, and analytical business stories.","thumbnail_url":"https://img.transistorcdn.com/uPitovxKRYBGX6AWg9UrET6s3nAdkS-Ci9uZvsZj7vk/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS85ODhl/ZWM4NmEwZTcxZjZk/MDRlYjAzNTNkMjJi/ZGQ2YS5wbmc.webp","thumbnail_width":300,"thumbnail_height":300}