sugar industry

DNA: Why is world afraid of sugar?

Now Germany's Chancellor Olaf Scholz... can implement the rule of imposing tax on sugar... However, Germany is not the first country to impose tax on sugar...

Jun 27, 2024, 01:08 AM IST

Cabinet okays Rs 4,500-cr package to sugar industry

The government has taken a slew of measures to bail out sugar mills as well as cane farmers in the last one year.

Sep 26, 2018, 14:59 PM IST

Cabinet approves Rs 8,500-cr bailout package for sugar industry

The Cabinet, headed by PM Modi, approved Rs 4,440 crore soft loan for building ethanol production capacity to absorb the cane and a buffer stock of 3 million tonnes, besides for the first time fixing Rs 29 per kg as the minimum price below which mills cannot sell sweetener.

Jun 07, 2018, 00:46 AM IST

Cabinet approves bailout package for sugar industry

The move is aimed at helping loss-making mills and millions of cane growers.

Jun 06, 2018, 14:08 PM IST

Govt doubles import duty on sugar to 100%, hikes chana to 40%

Presently, customs duty on sugar is 50% and that on chana is 30%.

Feb 06, 2018, 22:55 PM IST

Sugar production may fall by 9% to 256 lakh tonnes in 2015-16

Country's sugar production is estimated to decline by over 9 percent to 256 lakh tonnes in the current marketing year ending September on account of lower sugarcane output.

Mar 29, 2016, 21:41 PM IST

Government likely to provide subsidy of Rs 4.75/quintal on cane prices

Zee News Media

New Delhi: In order to aid the sugar industry, Government is likely to provide subsidy on cane prices to the tune of around Rs 4.75 per quintal.

Nov 17, 2015, 21:25 PM IST

Banks given 15 days to disburse soft loan to sugar mills

Emphasising improvement on the liquidity position of sugar industry, government has given 15 more days to banks for disbursing Rs 1,900 crore soft loans to sugar mills.
 

Oct 02, 2015, 15:37 PM IST

Pawar raises woes of sugar industry with PM

Worried at cane arrears to farmers mounting to Rs 21,000 crore, NCP chief and former Agriculture Minister Sharad Pawar Monday led a delegation to Prime Minister Narendra Modi demanding that the Centre create sugar buffer stock to bail out cash-starved mills.

May 11, 2015, 21:12 PM IST

Gadkari, Pawar to discuss sugar industry crisis with Jaitley

Union Minister Nitin Gadkari on Saturday said he and NCP president Sharad Pawar will call upon Finance Minister Arun Jaitley to discuss the crisis facing the sugar industry.

Apr 25, 2015, 20:09 PM IST

'Price mismatch worries sugar industry'

Mismatch in the prices of cane and white sugar is causing severe loss to the factories resulting in huge arrears to farmers by the mill owners, says a top official of a sugar company.

Mar 23, 2015, 18:36 PM IST

Food Ministry for extending sugar export subsidy for 1.4 million tonnes

The Food Ministry is in favour of extending export subsidy for only 1.4 million tonnes of raw sugar in the ongoing 2014-15 marketing year.

Jan 28, 2015, 22:02 PM IST

Govt examining extension of export subsidy on sugar

The government is examining cash-starved sugar industry's demand for extending export subsidy on raw sweetener to 2014-15 marketing year, Food Minister Ram Vilas Paswan said on Wednesday.

Dec 10, 2014, 19:26 PM IST

Govt hikes import duty on sugar to 25%; may impact prices

In a move that could lead to increase in sugar prices, the government on Friday hiked the import duty on both raw and refined sugar to 25 per cent from the existing 15 percent.

Aug 22, 2014, 17:04 PM IST

Govt hikes import duty on sugar to 25%; prices may go up

In a move that could lead to rise in the price of sugar, the government on Friday hiked the import duty on it from 15 percent to 25 percent.

Aug 22, 2014, 13:00 PM IST

Govt to take steps to address sugar industry problems

Food and Civil Supplies Minister Ram Vilas Paswan said the money would go directly into the accounts of farmers so as to avoid any malpractice by the mills.

Aug 08, 2014, 16:38 PM IST

Sugar mills owe Rs 9,252 crore to cane farmers as on July 31

Sugar marketing year runs from October to September.

Aug 05, 2014, 17:11 PM IST

Sugar futures fall 0.63% on profit-booking

Snapping its rising streak, sugar prices fell by 0.63 percent to Rs 3,154 per quintal in futures trading Wednesday as speculators indulged in booking profits.

Jun 25, 2014, 13:11 PM IST

Govt to give more interest-free loan to sugar mills

The government on Monday decided to provide additional interest-free loan of up to Rs 4,400 crore to sugar mills and hike import duty on sweetener to enable the cash-starved industry pay their huge arrears to sugarcane farmers.

Jun 23, 2014, 15:56 PM IST

Sugar refiners gain on hopes of government aid

Shares of sugar refiners gain after a report that Food Minister Ram Vilas Paswan has called a second high-level meeting on Monday to discuss ways to bail out the ailing sugar industry.

Jun 23, 2014, 11:15 AM IST