Sugarcane arrears decline to Rs 15,222 crore so far in 2018-19: Food minister, Ram Vilas Paswan

Sugarcane dues to be paid by sugar mills to farmers has come down to Rs 15,222 crore so far in marketing year 2018-19, that will end in September, the Parliament was informed. Depressed sugar prices due to surplus sugar production in sugar seasons 2017-18 and 2018-19 adversely affected the liquidity of sugar mills resulting in […]

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Cane price rationalisation remains key for oversupply hit sugar industry: ICRA

The domestic sugar sector has been going through a situation of excess supply which has negatively impacted their prospects. To support the industry, the Government of India (GoI) has announced key measures, such as creation of 3 million tonnes of buffer stock and fixing of minimum selling price (MSP) for sugar at Rs. 29,000/tonne. These […]

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