The Cotton Association of India (CAI) has marginally increased its crop estimate to 360 lakh bales of 170 kg each from its previous estimate of 358.50 lakh bales in its March estimate for the season 2020-21, claims a Financial Express report. The total cotton supply for the period of October 2020 to March 2021 is […]
The cycle seems to have turned within a decade. Around 10 years ago, a wave of grape cultivation had gripped Maharashtra. Farmers ditched sugarcane and turned to grapes in huge numbers. Today, farmers are ditching grape farming and turning back to sugarcane cultivation. Fact is grape cultivation has turned costlier in the state. Grape vines require a lot of […]
The Gem and Jewellery Export Promotion Council (GJEPC) said the Maharashtra government has allowed export operations to resume with restrictions in number of people working in the manufacturing units during the ongoing night curfew and weekend lockdowns to curtail the coronavirus spread. In a virtual meeting with the gems and jewellery manufacturers and exporters on […]
The national body of the gems and jewellery industry All India Gem and Jewellery Domestic Council (GJC) has written to the Chief Minister of Maharashtra Uddhav Thackeray to allow jewellers to operate on the festive days in the month of April and the upcoming wedding season despite the lockdown. There are several auspicious occasions such as Gudi […]
Cane dues to be paid by sugar mills to farmers has risen by 19.27 per cent to Rs 22,900 crore till February of the 2020-21 season from the year-ago period, due to depressed sugar prices that have adversely affected the liquidity condition of mills, industry body ISMA said. To improve the revenue realization of mills […]
Sugar millers from Maharashtra are asking for subsidy of Rs 150 per quintal on domestic sale of sugar so that they are able to compete with mills from Uttar Pradesh. The decision was taken at a meeting of sugar millers and stakeholders called by Maharashtra deputy chief minister Ajit Pawar to discuss issues related to […]
Maharashtra has taken a lead in sugar exports for the 2020-21 season, accounting for nearly 50% of the country’s total exports so far. According to industry sources, export contracts for 43 lakh tonnes of sugar have already been signed. Of this, about 20 lakh tonnes has been contracted from Maharashtra. The state has so far […]
India’s sugar production rose by 20 per cent to 258.68 lakh tonnes till 15 March, 2021 on higher cane production, industry body ISMA said. The production in the corresponding period in the previous marketing year stood at 216.13 lakh tonnes. Till 28 February, 2021, the government had estimated the sugar mills production of sugar at […]
Sugar production in Uttar Pradesh, the country’s largest sugar producing state in 2019-20 season, is likely to fall by around 20 per cent year-on-year to around 100 lakh tonnes in the October 2020-September 2021 season as against 126 lakh tonnes in the last season. The dip in production is primarily due to diversion into ethanol […]
The Maharashtra government is looking at several options to generate alternate sources of revenue for Agricultural Produce Market Committees (APMCs) that may struggle to survive once the farm laws are fully implemented in the state. A study committee has been formed to suggest ways and means to enhance revenues for market committees. A circular issued […]
