India, May 16 -- Sugar industry experts have slammed the Centre's sudden decision to ban sugar exports, warning that the move will trigger a domestic price crash, inflate debts of factories, and impact cultivators.

India has announced a ban on sugar export till September 30 this year to enhance domestic availability and contain prices. Banning exports of a commodity helps prevent price rise amid inflation concerns and uncertainty caused by the West Asia conflict.

Bhairavnath Thombre, president of the West Indian Sugar Mills Association, warned that domestic prices have already begun to slide, and the sugar factories will find it difficult to clear their Fair and Remunerative Price (FRP) dues.

"When the Government's sudden ban on export...