Current Affairs

GK MCQs Section

sugar industry

WTO Dispute Settlement Panel to review India’s Sugar Subsidy

The World Trade Organisation (WTO) has announced setting up of dispute settlement panel to review India’s sugar subsidy as requested by Brazil, Australia and Guatemala. What are the Objections...

August 19, 2019

Government notifies ethanol-making directly from sugarcane juice, B-molasses

Union Food Ministry has notified decision to allow sugar mills to manufacture ethanol directly from sugarcane juice or an intermediate product called B-molasses. In this regard, Sugarcane Control...

July 28, 2018

Rs. 8500 Crore Bailout Package for Sugar Industry Approved

The Union Cabinet chaired by Prime Minister has approved a Rs. 8500 Crore bailout package for the distressed sugar industry in the country. Background India is world’s second...

June 6, 2018

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

The Cabinet Committee on Economic Affairs (CCEA) has approved proposal to provide financial assistance of Rs. 5.50 per quintal of cane crushed in sugar season 2017-18. It will...

May 4, 2018

PM Narendra Modi inaugurates International Conference on sugarcane value chain

Prime Minister Narendra Modi inaugurated the International Conference and Exhibition on Sugarcane Value Chain – Vision 2025 Sugar in Pune, Maharashtra. The 3 days conference has been organised...

November 14, 2016

President gives assent to The Sugar Cess (Amendment) Bill, 2015

President Pranab Mukherjee has given assent to the Sugar Cess (Amendment) Bill, 2015 to raise the ceiling of a cess as an excise duty on the production of...

January 13, 2016

What is the arrears problem in Sugar Industry of India?

It has been more than two years since April 2013, when the union government decided to lift some control on the sugar industry. Via this government scrapped the...

September 19, 2015

Rangarajan Committee and Partial Decontrol of Sugar

There has been a long pending demand for complete decontrol of the sugar industry. But successive central governments have hesitated to decontrol sugar. The prime reasons can be...

September 19, 2015

Union Cabinet approves Rs 6,000 crore interest-free loan to sugar mills

Union Cabinet approved an interest-free loan i.e. soft loan to the tune of 6,000 crore rupees to enable sugar mills pay arrears to farmers. Decision in this regard...

June 10, 2015

CCEA approved Rs 6,600 cr interest-free loans for sugar mills

The Cabinet Committee on Economic Affairs (CCEA) approved Rs 6,600 Crore interest-free loans to cash-starved sugar mills in order to make payments to cane farmers. The interest subvention...

December 24, 2013

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