Sugarcane Current Affairs, GK & News
On October 29, 2020, the Union Cabinet chaired by PM Modi approved the Mechanism for the public sector oil companies to procure ethanol. Key Highlights Under the new mechanism, the prices of ethanol obtained from sugarcane based raw material has been increased for the forth coming sugar cane season. This is between December 2020 and ..
Category: Economy & Banking Current Affairs
‘Sugarcane and Sugar Industry’: Report of Ramesh Chand-headed NITI Aayog panel suggests linking sugarcane prices to sugar rates
The report of the NITI Aayog panel, headed by Ramesh Chand, has recommended linking of sugarcane prices to sugar rates to ensure the financial stability of the industry. Considering the production cost of sugar mills, the panel also suggested a one-time hike in minimum sugar price to Rs. 33 per kg. Key recommendations The report ..
Kharif Crops are grown in hot and humid rain fed areas. During the first 18 days of the month of June, the country has received surplus rainfall of about 26mm. As compared to last year, rainfall was 82.4 mm in between 1st to 18th June, while this year, the country has registered 108.3mm of rainfall ..
Month: Current Affairs - June, 2020
Category: Environment Current Affairs
Uttar Pradesh government has launched a dedicated web portal and a mobile application, named as ‘e-Ganna’, for sugarcane farmers of the state. It was launched by Chief Minister Yogi Adityanath at a function in Lucknow. Chief Minister also informed that during the last three years of his government, a record amount has been paid to ..
Category: Government Schemes Current Affairs
The Indian Government has directed the oil marketing companies (OMCs) to increase the procurement of ethanol and has also increased the price for buying the ethanol from the farmers. This move holds significance as the state elections in Maharastra, Haryana, and Jharkhand. What has happened? The Cabinet Committee on Economic Affairs (CCEA) has approved a ..