Essential commodities market gets a major boost from states and police

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The slump in demand for commodities such as edible oils, vegetables, and grains — following the closure of hotels, restaurants and road-side eateries may haave reduced the demand, but farmers are eager to sell their produce, during the harvest season. Assurance of support and required facilities by state authorities to the essential commodities markets and distribution channels has […]

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Uttar Pradesh ramps up its ethanol producing capacity to 1.4 billion litres per annum; more in the pipeline

Uttar Pradesh sugar mills have increased their ethanol production capacity to more than 1.4 billion litres (BL) per annum. More capacities are in the pipeline, reports Business Standard. According to the state sugar industry and sugarcane development department, at least 25 sugar mills in UP had already started ethanol production from ‘b heavy’ molasses, thus providing the much-needed liquidity […]

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UP targets rabi wheat procurement of 5.5 million tonnes at Rs 1,925/quintal MSP

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The Uttar Pradesh government has set an ambitious wheat procurement target of 5.5 million tonnes (MT) for the coming 2020-21 rabi marketing season, reports Business Standard. The state cabinet meeting chaired by chief minister Yogi Adityanath last evening approved the rabi procurement policy under the minimum support price (MSP) of Rs 1,925 per quintal (100 kg) set by the […]

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Only 37 sugar mills get bank loans for ethanol production

A review meeting organised by the Standing Committee for Monitoring and Expediting Ethanol Production & Capacity has revealed that banks have disbursed loans to barely 37 mills for addition and expansion of distillery capacity for ethanol production, Financial Express reports. Originally, the Centre had received 417 applications from sugar mills across the country for ethanol […]

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Potato cluster notified under Agri Export Policy by APEDA

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Considering the potential of production of potatoes near Agra region in Uttar Pradesh, potato cluster has been notified under Agri Export Policy (AEP) of Government of India. For the development of clusters, the Agricultural and Processed Food Products Export Development Authority (APEDA) is organizing meetings in the notified clusters under the Agri Export Policy announced […]

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Domestic non-basmati paddy prices rule firm over damage to crop last year

Amid the setback faced by the Indian basmati exporters over stalled shipments due to the ongoing US-Iran standoff, the prices of non-basmati paddy are holding firm and rising in some local markets after reports of crop damage following last year’s heavy rainfall and subsequent flooding in major growing areas have surfaced, Business Standard reports. After the advisory by All India Rice […]

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Sugar output falls 35% to 4.58 million tonnes till Dec 15: ISMA

India’s sugar production stood at 4.58 million tonnes till December 15 of the ongoing marketing year, down 35% from the year-ago period, owing to sharp fall in output in Maharashtra and Karnataka, industry body ISMA said. Sugar marketing year runs from October to September. Mills had manufactured 7.05 million tonnes of sugar in the same […]

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