Page-2 of sugar industry
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 obligation to sell 10 per cent of a mill’s output to the ..
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 summarized as below: Sugar Industry is an agro based industry and in ..
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 was taken by Union Cabinet meeting chaired by Prime Minister Narendra Modi ..
Month: Current Affairs - June, 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 will be 12%, which will be borne by the Sugar Development Fund. ..