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Latest Sugar News

Food Ministry moves Cabinet note on creating sugar buffer stock, fixing minimum ex-mill price
(24-May-2018)

Food Ministry moves Cabinet note on creating sugar buffer stock, fixing minimum ex-mill price

In order to help cash-starved millers to clear their cane arrears which have surged to about Rs 22,000 crore, the Food Ministry has moved a draft Cabinet note on creating a sugar buffer stock of 3 million......click on news to read complete article..... read full story

India's sugar production stood at 310.37 LT till April: ISMA
(04-May-2018)

IndiaIndia's sugar production stood at 310.37 lakh tons (LT) in the current season till April 30, 2018. As per data compiled by Indian Sugar Mills Association (ISMA), with 130 sugar mills still operating, majorly......click on news to read complete article..... read full story

CCEA approves financial assistance to sugar mills for clearing cane dues of farmers
(03-May-2018)

CCEA approves financial assistance to sugar mills for clearing cane dues of farmersThe Cabinet Committee on Economic Affairs (CCEA) has given its approval to provide financial assistance of Rs 5.50 per quintal of cane crushed in sugar season 2017-18 to sugar mills to offset the cost......click on news to read complete article..... read full story

Government doubles import duty on sugar to 100%
(07-Feb-2018)

Government doubles import duty on sugar to 100%The government has doubled import duty on sugar to 100% and raised duty on chana to 40%. The customs duty or import tax presently on sugar is 50% and that on chana (chickpeas) is 30%. This step has been......click on news to read complete article..... read full story

Food Ministry proposes doubling of import duty on sugar to 100%
(06-Feb-2018)

Food Ministry proposes doubling of import duty on sugar to 100%The Food Ministry has proposed doubling of the import duty on sugar from 50% to 100% for which it has made a recommendation to the Finance Ministry. This step has been taken in order to curb cheaper imports,......click on news to read complete article..... read full story

Sugar Mills' cane arrears dip 13% to Rs 7,826 crore for 2017-18 season
(29-Jan-2018)

Sugar MillsThe cane arrears by sugar mills stood at Rs 7,826 crore for 2017-18 season down by 13% from a year ago. As per the Food Ministry, as on date, cane price arrears in the current season on SAP (state-advised......click on news to read complete article..... read full story

 

     
  
 
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