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Uttar Pradesh Govt Asks Sugar Mills To Pay Rs.123 Bn Dues In 15 days

Sugar mills in Uttar Pradesh, the country’s largest sugar and sugarcane producing state, have been put on a 15-day notice to settle cane dues...

Govt To Subsidise Finance And Insurance Cost For Sugar Buffer Stock

Norms for creating three million tonnes of sugar buffer stock have been notified by the Union Ministry of Consumers Affairs and Public Distribution. According to...

Sugar Recontrolled: Food Department Brings Back Quota System, Stokes Fears Of Licence Raj

The department of food has reintroduced the monthly sugar sales quota system that was abolished in 2013, stoking panic among mills that view the...

Sugar Crisis: Beyond The ‘Sweet’ Package, Opportunity For Reform

In an earlier article published by Financial Express on April 18, 2018, I had pointed out the crisis looming large over the sugarcane fields....

Govt Likely To Announce Rs.7,000 Cr Bailout Package To Sugar Mills As Cane Arrears...

Concerned over mounting cane arrears of more than Rs 22,000 crore, the government is likely to announce a bailout package of over Rs 7,000...

Govt Considering Setting Up 3MT Sugar Buffer Stock: Paswan

The government is considering creating a three million tonne sugar buffer stock to help millers clear about Rs 22,000 crore dues to cane growers,...

Food Ministry Moves Cabinet Note On Sugar Buffer Stock, Minimum Ex-Mill Price

The food ministry has moved a draft Cabinet note on creating a sugar buffer stock of 3 million tonne and fixing a minimum ex-mill...

Morning Market Update – 31/05/2023

Yesterday’s closing dated –30/05/2023 ◾London White Sugar – 706.80s (-1.70) ◾NYBOT Raw Sugar #11 – 25.33s (-0.04)  ◾USD/BRL – 5.0365 (0.0000) ◾USD/INR – 82.685 (+0.005 ◾WTI Crude – 69.30...

केंद्र सरकारकडून मे २०२४ साठी २७ लाख मेट्रिक टन साखर विक्री कोटा जाहीर

नवी दिल्ली : केंद्रीय अन्न मंत्रालयाने २६ एप्रिल रोजी केलेल्या एका घोषणेनुसार, मे २०२४ साठी २७ लाख मेट्रिक टन (LMT) मासिक साखर कोट्याचे वाटप...