Government rules out reducing minimum sugarcane price for sugar mills in India

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Union Food Minister Piyush Goyal has said the government cannot reduce the minimum price at which sugar mills have to purchase sugarcane from farmers and urged the industry to expand product portfolio as well as remain profitable rather than depend on central subsidies. Sugarcane is bought by sugar mills at a Fair and Remunerative Price (FRP), which is also the minimum selling price fixed […]

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Sugar consumption in India improves; government may increase sugar MSP from Rs 31 per kg

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Despite demand destruction during the nationwide lockdown, sugar consumption in India is back to the pre-Covid level on a sharp increase in orders from cold drink and ice cream makers, who seek to fill their pipeline inventory and also meet their daily consumption, Business Standard reports. The restoration in demand has emerged from cold drink […]

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15 sugar factories in Maharashtra get notice for failing to pay fair and remunerative price dues

The Maharashtra Sugar Commissionerate has issued notices to 15 sugar factories in the state for their failure to pay the fair and remunerative Price (FRP) payments due to farmers, senior officials of the Commissionerate revealed. The FRP arrears as on date are to the tune of Rs 780 crore. According to the Sugarcane Control Act, […]

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