India's sugar policies, which include large subsidies, have been questioned for years at the World Trade Organization by competitors including Brazil and Australia.
The Centre has decided to grant mills the entire quantity of sugar diverted in their monthly release quote
The government will fast-track an ethanol program that will divert as much as 6 million tons of sugar toward fuel production annually by 2025, according to the food ministry
Data shows that in the 10-year period from 2010-11 to 2020-21, India's annual sugar production exceeded domestic consumption in all the years, except 2016-17
India's sugar exports are on a "good course" this year as traders have contracted over 50 lakh tonnes of the sweetener so far, Food Secretary Sudhanshu Pandey said on Monday.
Proposed reforms are good but much more needs to be done
Revenue-sharing mechanism can provide a lasting solution
The Maharashtra co-operation department on Thursday held a meeting here to discuss issues faced by the sugar industry in the state
India's top sugar producer, UP had logged over 12 million tonnes last year
UP mills have A sugarcane outstanding of nearly Rs 11,000 crore
He also said there is a greater need for developing flexi sugar factories producing sugar and ethanol as per relative economics and market demand
The company had posted a net profit of Rs 54.39 crore in the same quarter year ago, according to a regulatory filing.
The ordinary resolution to this effect was approved by the shareholders at an extra ordinary general meeting, according to a regulatory filing
New proposals will not solve the sugar sector problems
According to estimates, domestic institutional sales account for 65-70 per cent of the total sugar sales with the remaining emerging from the household segment
Industry seeks allocation of special fund to clear pending export subsidies
Sector says new drought-resistant, high-yield and high-recovery cane to be introduced next year
NCP commands considerable support among cane growers and sugar mills; 75% of the state's functional units owe allegiance to the party
Wants Union govt to instruct banks and FIs to finalise debt restructuring package for industry in the State and not take harsh steps under IBC or SARFAESI Act
Tamil Nadu mills in the red still, seek financial package and loan relief.