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ABINASH VERMA DIRECTOR
Petrol not blended with ethanol set get expensive from October“Blending of fuel is a priority of this Government. To encourage the efforts for blending of fuel, unblended fuel shall attract an addition...
India could export six million T sugar despite WTO ruling: Trade officialsThe World Trade Organization had asked India, earlier this week, to follow rules for exports.
India sugar mills pause export deals in bet price will rise moreA slower pace of sales by India, which is estimated to have almost 9 million tons in reserves next month, may heat up the global market aga...
Sugar firms contract over 83% of 6 million tonnes export targetThis gain in export momentum will also help millers settle farmers’ cane arrears, which crossed Rs 23,000 crore till February, said officia...
How booze may not let India cut its dependence on foreign oilThe mandate to supply molasses to liquor industry can derail India's plan to use sugarcane ethanol as fuel.
Industry wants Government to step up sugar exportsThe association has asked the Centre to increase the ex-mill price to Rs 35-36 per kg.
India pitches for sugar export to ChinaThe China Council for the Promotion of International Trade (CCPIT), China Sugar Association (CSA) and COFCO Sugar also participated in this...
Don't see sugar prices coming down with cap being put on stock holding: Abinash Verma, ISMAAbinash Verma said that government's restriction would affect only 50-60 sugar mills and not the whole industry.
There is no sugar deficit in the country, expecting surplus next year: Abinash Verma, ISMA"There is no deficit. Next year, we are still going to be surplus. There is enough sugar availability in the country."
Sugar output revised upwards by 2% to 26 MT for 2014-15The ex-mill price of sugar has already declined by about Rs 3 per kg since October 2014 when the crushing started.
Govt must expedite incentive to sugar industry: Abinash Verma, ISMA"As it is, we are losing money in the domestic market today and we do not expect the government to actually give a subsidy of Rs 5000-6000."
- ISMA welcomes proposed relief package for sugar mills
ISMA today welcomed the bailout package, which includes interest-free loan, recommended by an informal group of ministers for the cash-star...
Central government package should help improve sugar prices: Abinash Verma, ISMA'We just pray that the central govt package helps improve the sugar prices, which will help better realisation and we will be able to meet ...
We need permanent solution to cane pricing issue: Abinash Verma, ISMA"If the Rangarajan formula is adopted, there will be no need for the govt to fix SAP and there will be automatic fixing of cane price by th...
Sugar mills facing losses of nearly Rs 3000 cr: Abinash Verma, ISMAIn an interview with ET Now, Abinash Verma, Director General, ISMA, gives his views on the ailing sugar sector in UP.
Food Ministry to consider demand to remove sugar export limitsThe Food Ministry will consider the sugar industry's demand to scrap export restrictions in anticipation of surplus production next year.
- Domestic industry ready to supply balance ethanol amount
In response to Oil minister’s decision to cancel the foreign ethanol tenders, domestic sugar mills are ready to supply the balance amount t...
Post decontrol, govt needs to look at cane & sugar price linkage: Abinash Verma, ISMAAfter the sugar decontrol, the next stage that the Rangarajan Committee had recommended was to look at the cane price and sugar price reali...
Industry hails Rangarajan panel's report on sugar decontrolIndian Sugar Mills Association (ISMA) today said the suggestions if adopted by the Centre would help the industry in achieving faster growt...
- Sugar decontrol: Farmers and industry meets C Rangarajan committee
A convergence between farmers and sugar millers on some aspects of sugar decontrol came forth at the meeting of the C Rangarajan committee ...