India produces 32.11 million tonnes of sugar in Oct-Apr; to hit new record
The annual domestic requirement of India, which is the world's second largest producer, is only 26 million tonnes.
May 03, 2019, 14:44 PM IST
Cabinet approves Rs 2,790 crore interest subvention on loans to sugar mills
This is in addition to Rs 1,332 crore already approved by the Cabinet Committee on Economic Affairs (CCEA) in June 2018.
Mar 07, 2019, 13:42 PM IST
Cabinet approves up to Rs 10,540 cr soft loan to help sugar mills clear cane arrears
Government will bear the interest subvention cost between 7 – 10 percent to the extent of Rs 553 crore to Rs 1054 crore for one year.
Mar 01, 2019, 10:33 AM IST
Govt imposes stock limit on mills for Sept, Oct to check sugar prices
The measure is aimed at preventing mills from artificially withholding sugar in storage in order to push up prices during the high demand festive season of September and October.
Aug 29, 2017, 12:53 PM IST
UP CM Yogi Adityanath orders probe into Mayawati's sale of sugar mills
The Rs 1,180-crore scam has been hanging heavy on the former hief Minister Mayawati but it was put in cold storage by the earlier Akhilesh Yadav-led Samajwadi Party government.
Apr 08, 2017, 13:05 PM IST
Indians working in Sharif-run mill: Pakistani opposition party
A Pakistani opposition leader on Friday alleged that 300 Indians were working in the sugar mills owned by Prime Minister Nawaz Sharif`s family, however, the company management refuted the claim.
Sep 09, 2016, 21:39 PM IST
Sugar above Rs 40/kg: Govt imposes stock limit on mills to check prices
To check spiralling price of sugar which has crossed Rs 40 per kg, the government on Thursday imposed stock limits on sugar mills during the festival season till October-end.
Sep 01, 2016, 20:42 PM IST
Ram Vilas Paswan favours ban on sugar futures
With retail sugar prices crossing Rs 40/kg, Food Minister Ram Vilas Paswan on Wednesday favoured ban on sugar futures trade in the interest of consumers.
Aug 24, 2016, 19:59 PM IST
CCEA may review production subsidy to sugar mills tomorrow
The Cabinet Committee on Economic Affairs (CCEA) is likely to review production subsidy to sugar mills for 2015-16 season tomorrow, taking into account lower sugar production and exports.
Aug 02, 2016, 18:16 PM IST
Govt mulls curbs on sugar sales at mill level to check prices
Government is mulling imposing stock limit for sugar millers and restricting domestic sales by fixing quota on each mill to tame sweetener's retail prices, which are currently ruling as high as Rs 43 per kg.
Jul 28, 2016, 20:20 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
Top sugar producer Maharashtra exempts mills from paying cane tax
Maharashtra, India`s top sugar producing state, on Friday exempted sugar exporting mills from paying cane purchase tax for the 2015/16 marketing year that started on Oct. 1, the state`s finance minister said.
Mar 18, 2016, 18:50 PM IST
India likely to export about 2 million tonnes sugar in 2015/16: Trade Body
India, the world`s second-biggest sugar producer, is likely to export 1.9 million tonnes to 2 million tonnes of sugar in the 2015/16 marketing year started on Oct. 1, a leading trade body said in a statement on Friday
Mar 18, 2016, 13:47 PM IST
Sugar production up 33% at 7.61 lakh tonnes so far this season
India's sugar production rose by 33 percent to 7.61 lakh tonnes till November 15th in the current marketing year on higher output from Maharashtra.
Nov 19, 2015, 16:53 PM IST
Sugar mills' cane arrears to fall Rs 1,100 crore on govt subsidy
Sugar industry body ISMA on Wednesday said the millers' cane price liability to farmers would reduce by about Rs 1,100 crore following the government's decision to give direct subsidy of Rs 4.5 per quintal to cane growers.
Nov 18, 2015, 20:08 PM IST
Govt approves over Rs 1,100 crore subsidy for cane farmers
The government on Wednesday decided to pay a production-linked subsidy of Rs 4.50 per quintal directly to cane farmers in the 2015-16 season to help cash-starved sugar mills clear arrears -- a move that would cost the exchequer about Rs 1,147 crore.
Nov 18, 2015, 16:46 PM IST
Govt gives tax sops on molasses to boost ethanol production
Sugar mills supplying ethanol to oil PSUs in 2015-16 season starting this month, will be eligible to avail input credit on the excise duty paid on the raw material molasses, a move aimed at promoting 10 per cent ethanol blending with petrol.
Oct 08, 2015, 22:05 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.
Govt sets 4 million tonnes sugar export target for millers by Sept 2016
In a bid to clear cane arrears of about Rs 14,000 crore to farmers, the government has given mills a target of exporting four million tonnes of the sweetener for the marketing year ending September 2016.
Sep 18, 2015, 16:21 PM IST
Govt eases norms for sugar mills to borrow Rs 6,000 cr soft loan
The government Wednesday eased norms for sugar mills to borrow soft loans of Rs 6,000 crore to help clear arrears of Rs 15,400 crore to sugarcane growers.
Aug 12, 2015, 23:50 PM IST
