The Cabinet Committee on Economic Affairs (CCEA) approved the food ministry's proposal that seeks to address the surplus domestic stock of sugar and help mills in clearing huge cane arrears.
The sugar industry and even NCP supremo Sharad Pawar had demanded a higher ethanol price to improve the liquidity of cash-starved mills and enable them clear cane arrears that have crossed Rs 22,000 crore.
New Delhi: The government has said it was not considering any special economic package for reviving sick sugar mills in the country."No special economic package for revival of sick sugar mills is under consideration of
Hyderabad: Andhra Pradesh Chief Minister N Chandrababu Naidu today said that an expert committee, comprising experts from agriculture and other sectors, would be constituted to study the woes of the workers and management of sugarcane
New Delhi: A ministerial panel set up by Prime Minister Manmohan Singh Friday recommended a bailout package for the sugar industry that includes Rs 7,200 crore of interest-free bank loans to pay dues to sugarcane
New Delhi, Apr 4: The Indian government Thursday decided to decontrol the Rs.80,000 crore (around $15.5 billion) sugar industry in line with the suggestions of a panel headed by C. Rangarajan, the chairman of the
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