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Total 104 results found. Search for [ sugarcane arrears ]

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New Delhi, August 8, 2014
According to sources, the Food Ministry has calculated the rate of export incentive for August-September at Rs 3,371 per tonne by taking into account the average global raw sugar prices and exchange rate of rupee vis-a-vis dollar during last seven days of preceding month July.

Mayank Bhardwaj
New Delhi, August 5, 2014
The move to suspend crushing in the 2014/15 season may lead to a domestic sugar shortage and higher imports by India, the world's top consumer of the sweetener, as Uttar Pradesh accounts for a third of the country's total output.

New Delhi, July 25, 2014
Minister of State for Food and Consumer Affairs, Raosaheb Patil Danve, said the Centre has advised the state governments/union territories to ensure timely payment of cane dues to the farmers and take action against the defaulting sugar mills.

Ajay Modi
July 19, 2014
The recent sops for the sugar industry will help only in the short term at best. For long-term health, the most important measure will be to link prices of sugar and cane.

New Delhi, June 24, 2014
Traders said that prices may further go up in the coming days as millers are not releasing the stock in anticipation of better returns.

New Delhi, June 23, 2014
In order to bail out sugar mills that are unable to pay Rs 11,000 crore dues to sugarcane growers, the government also decided to hike sugar import duty to 40 per cent from the existing 15 per cent and extend subsidy of Rs 3,300 per tonne on export till September this year.

New Delhi, June 6, 2014
The government said it is examining providing additional interest-free loans of Rs 4,400 crore to cash-starved sugar mills to clear dues to cane farmers.

Shweta Punj and Anilesh S. Mahajan
May 19, 2014
The new BJP government has its hands full, with an economy on the skids and an imbalanced fisc. Business leaders are hopeful that quick decision-making will replace the policy inaction that weighed down the second avatar of the Congress-led UPA-II.

New Delhi, March 4, 2014
ISMA also said that sugarcane arrears to growers has touched Rs 14,000 crore as on February 28, of which Rs 10,000 crore remains unpaid in Uttar Pradesh.

New Delhi, February 13, 2014
The government will provide Rs 3,333 per tonne on exports of raw sugar. The decision will be reviewed by the cabinet after a couple of months.

Ajay Modi
January 31, 2014
The rising arrears are set to become an issue in the run-up to the Lok Sabha polls due by May as millions of farmers and their families are dependent on sugarcane. The industry also owes farmers Rs 1,000 crore for sugarcane purchased in the 2012-13 season.

Ajay Modi
January 8, 2014
The sugar industry in the second biggest sugar-producing state also owes Rs 1,881 crore to farmers for sugarcane purchased in the previous season.

December 26, 2013
A week back, the Cabinet Committee on Economic Affairs (CCEA) had given an in-principal approval for providing interest-free loans to cash-starved sugar mills and asked the Food Ministry to finalise the guidelines.

Mumbai, December 20, 2013
Shares of Sakthi Sugars Ltd surged 4.84 per cent, while Bajaj Hindusthan climbed 2.55 per cent and Balrampur Chini Mills rose by 1.73 per cent on the BSE. Among others, Shree Renuka Sugars jumped 1.01 per cent, while Dhampur Sugar Mills went up by 1.97 per cent.

New Delhi, December 19, 2013
\"The Cabinet Committee on Economic Affairs (CCEA) has approved Rs 6,600 crore interest-free loans to the sugar industry. The interest subvention will be 12 per cent, which will be borne by the Sugar Development Fund,\" Food Minister K V Thomas said.

Ajay Modi
December 6, 2013
Agriculture Minister Sharad Pawar, who headed the group, said banks would give loans worth Rs 7,200 crore to the sugar millers at 12 per cent interest rate, the interest being entirely paid by the government. The money has to be used to clear sugarcane arrears to farmers.

New Delhi, November 29, 2013
Sugar production, the world's second-largest producer and biggest consumer, stood at 24.4 lakh tonnes in the year ago period, according to data compiled by Indian Sugar Mills Association (ISMA).

New Delhi, November 28, 2013
The two cabinet ministers also deliberated on the ongoing logjam between the Uttar Pradesh government and private sugar mills over higher sugarcane price of Rs 280 per quintal fixed by the state.

Ajay Modi
November 21, 2013
The Uttar Pradesh Cabinet has announced that the sugarcane price for the current year will remain unchanged at Rs 280 a quintal. It also said that mills will not be required to pay a Purchase Tax of Rs 2 on every quintal of sugarcane.

Ajay Modi
New Delhi, November 18, 2013
The Uttar Pradesh government has fixed November 25 as the deadline for mills to begin crushing in the western part of the state and November 30 for other mills.

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