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SUGAR MILL LIQUIDITY
Namami Gange: Industrial pollution flowing into Ganga down nearly 60 per cent since 2017Industrial pollution in the Ganga has significantly decreased by almost 60 percent since 2017. This achievement is credited to the Namami G...- Sugar export ban to free up 4-5 lakh tonne for domestic useIndia has banned sugar exports until September 30. This move aims to increase domestic availability by 4-5 lakh tonnes. The decision is a r...
- Rs 10 sugarcane FRP hike: Small raise, big questions for farmers and millsFarmers call the hike inadequate while industry warns of rising cane arrears
- Record 10 lakh tonnes refined sugar exports likely this yearIndia announced its 2022-23 sugar export quota on Saturday. Traditionally, India has been known to export lower grade white sugar and raw s...
- Centre rules out hike in minimum selling prices of sugar; exports may touch 60 lakh tonnes in 2021-22By 2025, Pandey said the target should be to divert roughly about 60 lakh tonnes of sugar, which generally is surplus in the Indian context...
- Sugar mills, distilleries to earn revenue of over Rs 18,000 crore from ethanol sales in 2021-22 seasonDuring the last three ethanol supply years, the revenue of about Rs 8,079 crore, Rs 7,823 crore and Rs 13,598 crore, respectively, have bee...
- India's sugar exports on good course; contracts over 50 lakh tonnes so farExports will help mills settle dues they owe sugarcane farmers, which is now coming down progressively from ₹21,200 crore, officials said.
- Cane arrears rise over 19% to Rs 22,900 cr till Feb of 2020-21 season amid liquidity crunch: ISMAQuoting government data, ISMA said, cane arrear so far this year is higher as compared to arrears one year back when it was around Rs 19,20...
- Govt targets 362 crore litre ethanol in 2020-21 to help sugar mills pay cane price duesThe government has also set a mill-wise target of ethanol production for every mill that has a distillery attached to it, with an all India...
- Sugar exported to refineries within SEZ to be eligible for export benefits: GovtThe benefits are under for Maximum Admissible Export Quantity (MAEQ) scheme for the current sugar season 2019-20, which was notified to fac...
- Food ministry chalks out plan to liquidate sugar mills stocks worth Rs 30,000 crore“Apart from that, we would be releasing assistance of Rs 1,100 crore on account of export and buffer subsidy to sugar mills this month itse...
- Sugar mills yet to clear Rs 2,400 cr pending dues of last 2 seasons to cane growers: GovtDepressed sugar prices due to surplus sugar production in two consecutive sugar seasons -- 2017-18 and 2018-19 -- adversely affected the li...
- Sugar mills owe Rs 18,958 cr to cane farmers; UP mills' outstanding at over Rs 11K crMills in Uttar Pradesh owe the maximum amount at Rs 11,082 crore, followed by Karnataka (Rs 1,704 crore) and Maharashtra (Rs 1,338 crore).
- Mills selling sugar below MSP under govt glareSome mills are found selling sugar either below MSP or at MSP inclusive of GST to liquidate their stock.
- Act against sugar mills selling sugar below MSP: Food ministryIn a communication to all the principal secretaries of sugar-producing states, the ministry said mills must follow the Sugar Price (Control...
- 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.
- Sugar sales by mills capped for 2 monthsMillers have welcomed the decision, saying it will help further improve sugar prices, which have already jumped 3.5% since the government d...
- Sugar mills owe Rs 6,582 crore to cane farmersThe cane price arrears of Rs 3,269 crore on Fair and Remunerative Price basis and Rs 6,582 crore on State Advised Price basis are outstandi...
- Government rules out loan waiver to sugar millsGovernment today ruled out any new package or loan waiver to sugar mills although their dues to sugarcane farmers have touched Rs 15,893 cr...
- Give right to sell shares at the market value: Sugar co-operativesThey are hesitating to convert themselves into private mills to further expand their businesses.
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