PM favours export of surplus sugar, ethanol blending

Last Updated: Saturday, August 1, 2015, 21:29

Prime Minister Narendra Modi on Saturday favoured raising sugar exports to liquidate surplus stocks because of low domestic demand that has led to a huge cane arrears of over Rs 14,000 crore to farmers.

Sugar output up 16%; cane arrears cross Rs 21,000 cr

Last Updated: Monday, May 18, 2015, 18:11

India's sugar production rose by 16 percent to 27.84 million tonnes (MT) till May 15 of the current marketing year that started in October last year, resulting in sweetener's low prices and huge cane arrears to farmers at over Rs 21,000 crore.

Maharashtra seeks extension of subsidy on raw sugar exports

Last Updated: Saturday, January 17, 2015, 13:38

Maharashtra Chief Minister Devendra Fadnavis on Saturday met Union Food Minister Ram Vilas Paswan and sought extension of subsidy on raw sugar exports and hike in import duty on the sweetener to 40 percent to help cash-starved mills clear cane arrears to farmers.