 "Gadkari-led panel mulls sugar crisis as mills shy away from cane purchases")
With sugarcane arrears crossing the Rs 180 billion mark, bulk of which is from the politically sensitive state of Uttar Pradesh, the Centre said on Monday that it might consider levying a cess on sugar to the tune of 5 per cent, a production-linked export subsidy of about Rs 4.5 per kg and lower the GST on ethanol from the current 18 per cent to 5 per cent.
A high-powered panel of ministers led by Transport Minister Nitin Gadkari discussed all the three proposals and a formal cabinet note on them is expected to be made soon.
"We might soon
