- Levy sugar system & release mechanism need to be looked at: Narendra Murkumbi, Shree Renuka Sugars
"We are at the peak of production and as the release mechanism is being dismantled we will expect from here onwards that there will be a bi...
- Food ministry comes with two plans to fix retail price of sugar
The food ministry, earlier this year, had proposed a 30% hike in levy sugar prices from Rs 13.5 a kg to Rs 17.5.
- Government may release 4 lakh tonne more sugar to check price rise in festival season
About 2.66 lakh tonne has already been released over and above the quota of 45 L tonne for the Sept quarter to meet rising demand.
- Government to consider cut in levy sugar quota for mills in 2012-13
The govt will consider reducing the quantity of sugar that mills need to contribute for supply through ration shops in 2012-13 after assess...
- Drop levy sugar carry forward norm, say Indian Sugar Manufacturing Association
The sugar industry is lobbying hard for the removal of the obligation of carrying forward the unlifted quantity of levy sugar.
- Government may allocate sugar quota on quarterly basis from April 1
Govt may allocate sugar to be sold in the open mkt and ration shops on quarterly basis from next month instead of current practice of fixin...
- Steer clear from sugar pack: IV Subramanium, Quantum Advisors
Too many government regulations and policy changes which can impact the underlying business.
Co-ops can sell unsold sugar in open market for now: HCTo put a lid on prices, govt said unsold non-levy sugar would be converted into levy sugar.
Sugar mills told to release levy sugar at subsidised rateCentre may have to pay a higher rate following recent SC ruling on mills petition to link price to sap instead of SMP.
- Govt asks sugar mills to release 20 pc of output as levy sugar
The Centre has issued an order directing private sugar mills to release 20% of their total production in the 2009-10 sugar marketing season...
- Levy sugar quota hiked to 20%
The Centre on Thursday hiked the levy sugar quota for sugar mills from 10% (of the total output) to 20% for the new 2009-10 sugar year star...
- Centre hikes levy sugar quota for sugar mills
The Centre hiked the levy sugar quota for sugar mills from the current 10% (of the total output) to 20% for the new 2009-10 sugar year star...
- Centre may’ve to pay Rs 2.3k cr on levy sugar
The Centre may have secured additional levy sugar for the below poverty line (BPL) consumers for the festive season.
- States shy away from lifting PDS sugar
States like Assam and Jammu & Kashmir have lifted less quantity of levy sugar in the 2007-08 season, compared with the allocation made to t...
- No takers for levy sugar as open market rates crash
Around two lakh tonnes of levy sugar meant to be sold through rations shops is being diverted to the open market.
- Maha mills stuck with huge levy sugar
Government unwilling to lift 10 lakh tonnes stock as buyers go for cheaper open market sugar.
- PDS sugar costlier than market rate
A Record sugar production in the state has led to a scenario where the price of levy sugar - sold through ration shops has gone up consider...