The government on Wednesday ratified the methodology used for fixing the export subsidy on raw sugar during April-September period of the 2013-14 marketing year. In February, the Centre had announced subsidy for exports of raw sugar up to 40 lakh tonnes during 2013-14 and 2014-15 marketing years (October-September) to help the cash-starved industry to clear cane arrears to farmers. However, the scheme was not extended after September 2014. The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, has given approval to "ratify the methodology adopted to recalculate the incentive rate for bi-monthly periods of April-May 2014, June-July 2014 and August-September, 2014", an official statement said. The subsidy was originally fixed at Rs 3,300 per tonne for February-March. However, a decision on setting up a regulator for the real estate sector was deferred. Incentive was reduced to Rs 2,277 per tonne for April-May and the same was increased to Rs 3,300 per tonne for June- July. For August-September, the subsidy was further hiked to Rs 3,371 per tonne. However, a decision on setting up a regulator for the real estate sector was deferred.