The debt burden of the sugar sector has risen four times from Rs 11,000 crore in March 2008 to more than Rs 40,300 crore in March 2015
Flows of Indian white sugar to Myanmar, a gateway for smuggling into China, are slowing down, while Brazilian sugar becomes more competitive
Cooperative Sugar Mill Shahabad has so far crushed a maximum of 31.31 lakh quintals of sugarcane
Mills intensify closure on non-availability of cane; output for full sugar year ending Sept 2016 likely to be lower than last year
Lower sugar production and higher exports lead to better domestic realisations, helping companies turn profitable
The much-pampered sugar sector has been given a Rs 6,000 crore interest free loan. In a press conference road and transport minister Nitin Gadkari said that banks will provide Rs 6,000 crore as interest free loan for one year with the government bearing the burden of interest on the loan.