India to keep sugar export subsidies despite rivals' WTO complaint: Report

India will keep its sugar export subsidies despite complaints to the World Trade Organisation (TWO) from rival producers Brazil and Australia, though it will tweak how it provides them, four sources directly involved in the matter said.

The export subsidies are designed to increase shipments from the world's second-biggest sugar producer and reduce their brimming inventories. But that could pressure global prices that have only eked out a 2.1% gain this year after plunging more than 20% in 2018.

"The industry needs government support for exports. It will be provided without violating the WTO framework," said a senior government official involved in