Cabinet nod for sugar export subsidy

Cabinet Committee on Economic Affairs(CCEA) has approved sugar export subsidy for 2019-20. This move is aimed at countering the surplus sugar stock’s impact on prices.The lower sugar prices would make it difficult for mills to pay farmers dues. The subsidy will be provided for expenses on marketing costs including handling, upgrading , international and internal… Continue reading Cabinet nod for sugar export subsidy

Cabinet approves Determination of ‘Fair and Remunerative Price’ of sugarcane payable by sugar mills for 2019-20 sugar season

The Cabinet Committee on Economic Affairs (CCEA) has approved the proposal in respect of Determination of ‘Fair and Remunerative Price’ of sugarcane payable by sugar mills for 2019-20 sugar season. The Cabinet has also approved the creation of buffer stock of 40 lakh Metric Tonnes of sugar for one year from the 1st of next… Continue reading Cabinet approves Determination of ‘Fair and Remunerative Price’ of sugarcane payable by sugar mills for 2019-20 sugar season