CCEA approves export subsidy on raw sugar for up to 1.4 mn tn
The government Thursday approved subsidy on export of up to 1.4 million tonnes of raw sugar in the ongoing 2014-15 marketing year, a move that would boost millers' cash-flow and enable them to clear mounting sugarcane price arrears that have crossed Rs 12,000 crore.
Feb 19, 2015, 22:23 PM IST
CCEA may take up sugar export subsidy issue today
The Cabinet Committee on Economic Affairs (CCEA) is likely to take up Thursday a proposal to extend export subsidy to 1.4 million tonnes of raw sugar in the ongoing 2014-15 marketing year.
Feb 19, 2015, 08:48 AM IST
CCEA may take up sugar export subsidy issue Thursday
The Cabinet Committee on Economic Affairs (CCEA) is likely to take up Thursday a proposal to extend export subsidy to 1.4 million tonnes of raw sugar in the ongoing 2014-15 marketing year.
Feb 18, 2015, 16:01 PM IST
Bajaj Hindusthan Sugar's Q3 net loss narrows to Rs 280.84 cr
Bajaj Hindusthan Sugar today reported narrowing of its standalone net loss for the quarter to December at Rs 280.84 crore, hit by lower sweetener and higher cane prices.
Feb 12, 2015, 20:17 PM IST
Food Minister favours sugar export subsidy for upto 1.4 million tonnes
Food Minister Ram Vilas Paswan on Wednesday said his ministry is in favour of extending export subsidy to only 1.4 million tonnes of raw sugar in the ongoing 2014-15 marketing year.
Feb 11, 2015, 14:09 PM IST
Sugar mills make distress sales to pay farmers
Without any government incentive, Indian sugar is uncompetitive in world markets well supplied by low-cost producers Brazil and Thailand.
Feb 11, 2015, 10:59 AM IST
CCEA clears mandatory packaging for sugar, foodgrains in jute
In a major boost to the jute sector, the government on Wednesday approved mandatory packaging of sugar and food grains in jute material to minimum extent of up to 90 per cent of production.
Jan 28, 2015, 22:46 PM IST
Food Ministry for extending sugar export subsidy for 1.4 million tonnes
The Food Ministry is in favour of extending export subsidy for only 1.4 million tonnes of raw sugar in the ongoing 2014-15 marketing year.
Jan 28, 2015, 22:02 PM IST
CCEA approves giving freedom to states to fix PDS sugar price
The Centre Wednesday decided to give flexibility to state governments to set retail price of PDS sugar that has been kept unchanged at Rs 13.50 per kg since 2002.
Jan 21, 2015, 22:44 PM IST
CCEA likely to discuss on PDS sugar price issue Wednesday
The Cabinet Committee on Economic Affairs (CCEA) is likely to discuss Wednesday a proposal to give flexibility to state governments to fix the retail price of PDS sugar, kept unchanged at Rs 13.50 per kg since 2002.
Jan 20, 2015, 21:07 PM IST
Maharashtra seeks extension of subsidy on raw sugar exports
Maharashtra Chief Minister Devendra Fadnavis on Saturday met Union Food Minister Ram Vilas Paswan and sought extension of subsidy on raw sugar exports and hike in import duty on the sweetener to 40 percent to help cash-starved mills clear cane arrears to farmers.
Jan 17, 2015, 13:38 PM IST
Govt considering higher sugar export subsidy of Rs 4,000/tonne
The government is considering extending subsidy on raw sugar exports for the ongoing marketing year 2014-15 by giving a higher incentive of Rs 4,000 per tonne to cash-starved mills.
Jan 08, 2015, 18:08 PM IST
Sugar output in Oct-Dec rises by 27.3%: ISMA
Sugar output stood at 5.86 million tonnes in the October-December period of the 2013-14 season. Sugar season runs from October to September.
Jan 05, 2015, 14:47 PM IST
Sweet sugar turns bitter for mill owners in 2014
Sugar remained sweet for consumers this year but turned bitter for mill owners who faced huge losses estimated at over Rs 3,000 crore and struggled to make payments to cane farmers due to sluggish sales realisation.
Dec 25, 2014, 15:31 PM IST
Sugar stocks hog limelight; surge up to 9%
Sugar stocks Thursday surged up to 9 percent after the government ratified the methodology used for fixing the export subsidy on raw sugar during April-September period of the 2013-14 marketing year.
Dec 18, 2014, 18:25 PM IST
'Decision on extending sugar export subsidy soon'
The government will soon take a final decision on extending subsidy for exports of raw sugar in the current 2014-15 marketing year, a top food ministry official said on Thursday.
Dec 18, 2014, 18:01 PM IST
Sugar production up 47% to 42.25 lakh tonne so far this season
India's sugar production rose by 47 percent to 42.25 lakh tonnes till December 15 of this marketing year, which started in October this year, leading to a fall in ex-factory prices of the sweetener.
Dec 17, 2014, 20:35 PM IST
Govt examining extension of export subsidy on sugar
The government is examining cash-starved sugar industry's demand for extending export subsidy on raw sweetener to 2014-15 marketing year, Food Minister Ram Vilas Paswan said on Wednesday.
Dec 10, 2014, 19:26 PM IST
Sugar slide on adequate supply, reduced offtake
Sugar prices drifted at the wholesale market in the national capital on Wednesday, dragged down by persistent supplies by mills against subdued demand from bulk consumers.
Dec 03, 2014, 14:46 PM IST
WTO members raise questions over India's sugar subsidy
Some members of the World Trade Organization (WTO), including Australia, the European Union, Pakistan, have raised questions over India's export subsidy on sugar.
Nov 20, 2014, 18:51 PM IST
