Co-op sugar mills seek restructure of soft loans to factories in Maharashtra

The National Federation of Cooperative Sugar Factories (NFCSF) is seeking restructuring of the soft loans given to factories in past five years. The sugar industry is in deep financial distress and needs support, Prakash Naiknavare, managing director, NFCSF said to Financial Express. He also hinted at the possibility of the Centre raising the MSP of […]

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Chhattisgarh says won’t build new coal power plants in the state

The central Indian state of Chhattisgarh, home to the country’s third-largest coal reserves, will not build any new coal power plants, Shailendra Kumar Shukla, chairman of Chhattisgarh State Power Distribution Company, a state-owned utility, told Quartz India. This comes only days after the government in the western state of Gujarat announced it will not give […]

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Amul ramps up milk supply to Maharashtra to bridge deficit after floods; Kerala eyes Karnataka for milk

Gujarat Cooperative Milk Marketing Federation (GCMMF), owner of the Amul brand, has ramped up its milk supply to Mumbai and other cities in Maharashtra to bridge the deficit due to the death of nearly 1,000 milch animals and an acute shortage of fodder due to the recent floods in the western parts of the state. The floods […]

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