In a big development in the Uttar Pradesh sugar mill scam, the Enforcement Directorate (ED) on Tuesday attached properties to the tune of Rs 1,000 crore in the northern state, including the properties of former MLC Mohammad Iqbal.
The Cabinet Committee on Economic Affairs, chaired by PM Narendra Modi approved an assistance of about Rs 3,500 crore for sugarcane farmers.
Sugarcane farmers staged protest against Central government over Minimum Support Price (MSP).
Depressed sugar prices due to surplus sugar production in two consecutive sugar seasons -- 2017-18 and 2018-19 -- adversely affected the liquidity of sugar mills resulting in accumulation of cane price arrears of farmers.
The properties of former IAS officers Netram and Vinay Priya Dubey and premises of former MLC Iqbal Singh's sons -- Wajid Ali and Mohammed Javed -- were searched.
A decision in this regard is expected to be taken in the meeting of the Cabinet Committee on Economic Affairs (CCEA) scheduled tomorrow, the sources added.
Uttar Pradesh Chief Minister Yogi Adityanath on Friday ordered a probe into the sale of 21 sugar mills by former Chief Minister Mayawati.
New Delhi: The sugar mills in the country have produced 221.8 lakh tonne of sugar during the current season upto March 15, the Indian Sugar Mills Association (ISMA) said in a statement on Tuesday.This is
Cash-strapped sugar mills, waiting on the government to approve export subsidies, are being forced to dump supplies in the domestic market to raise cash to pay cane farmers. This has brought local prices down to
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
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