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

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......

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India

India's sugar production stood at 310.37 LT till April: ISMA

India'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......

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CCEA approves financial assistance to sugar mills for clearing cane dues of farmers

CCEA approves financial assistance to sugar mills for clearing cane dues of farmers

The 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......

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Government doubles import duty on sugar to 100%

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......

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Food Ministry proposes doubling of import duty on sugar to 100%

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,......

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Sugar Mills

Sugar Mills' cane arrears dip 13% to Rs 7,826 crore for 2017-18 season

The 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......

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Sugar output rises 26% to 103.26 LT in October-December period

The production of sugar rose by 26% and stood at 103.26 lakh tonnes (LT) in the October-December period of current season compared to the same period of previous year. As per data compiled by the Indian......

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Govt withdraws stock holding limits on sugar dealers with immediate effect

The government has withdrawn stock holding and turnover limits on sugar dealers with immediate effect. This step has been taken as the demand-supply situation is likely to be comfortable with the estimated......

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India's sugar production up 30% to 69.4 LT in 2017-18 season so far

India's sugar production stood at 69.4 lakh tonne (LT) during the first two and half months of the current marketing year. This is a jump of 29.8% compared to 53.46 LT production stood on the corresponding......

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Sugar production jumps 42% to 39.51 LT in October-November

India's sugar production has gone up by 42% to 39.51 lakh tonne (LT) in the first two months of the current 2017-18 marketing year that started October compared to 27.82 LT production in the year-ago period.......

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Sugar production jumps 79% at 13.73 LT till November 15

India's sugar production has touched 13.73 lakh tonne (LT) till November 15 of the ongoing 2017-18 season, up 79% compared to production of 7.67 LT in the first 45 days of last year. As per Indian Sugar......

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Government extends stock limit on sugar traders till December 31

The government has extended the stock limit on dealers of sugar by another two months till December 31, 2017. This step has been taken in order to ensure smooth supply of sugar in the market at reasonable......

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CACP recommends hike of Rs 20 per quintal in sugarcane FRP for 2018-19 season

The Commission for Agricultural Costs and Prices (CACP) has recommended Rs 20 per quintal hike in the fair and remunerative price (FRP) of sugarcane at Rs 275 per quintal for the next 2018-19 season. ......

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Government expects sugar output to be around 25 MT in 2017-18

The country's overall sugar output is expected to be around 25 million tonnes (MT) in 2017-18 marketing year on account of likely higher output in Uttar Pradesh and Maharashtra following good rains. This......

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India's sugar production may rise 24% to 25.1 MT in 2017-18: ISMA

The production of sugar is estimated to rise 24% to 25.1 million tonnes (MT) in the next marketing year starting October on higher sugarcane area. As per industry body Indian Sugar Mills Association (ISMA),......

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