Sugar mills in Maharashtra have managed to clear around 82.09 per cent of the fair and remunerative price (FRP) dues amounting to Rs 11,630.25 crore for the current season till February 15 and have paid excess FRP for the same period. Sugar mills in the state, however, still owe dues of Rs 2,535.96 crore for […]
A week after the government of India announced the sugar export subsidy policy for the ongoing season, sugar mills from Uttar Pradesh (UP) have signed export contracts for over six lakh tonnes of raw and white sugar. In contrast, mills from Maharashtra are yet to sign a single contract, according to a Financial Express report. […]
With carryover stock of around 60 lakh tonne of sugar from the 2019-20 season and another 100 lakh tonne expected to be produced in 2020-21, Maharashtra sugar millers are facing a problem of plenty. Sugar millers of the state are now turning towards ethanol to divert excess production, reports Financial Express. At a meeting at […]
