The consolidation of the sugar sector had been happening since the government allowed sugar mills and other agencies to export the sweetener in quota basis during the sugar season 2022-23.
A decline in exports in sugar season 2023 (October 2022 to September 2023) coupled with a 3 per cent increase in the fair and remunerative price of sugarcane will impact the profitability of sugar mills this financial year.
These guidelines pertain to the production of ethanol by sugar mills and distilleries from B-Hy, C-Hy molasses, sugarcane juice, sugar and sugar syrup, foodgrains such as maize, broken rice, surplus rice, sourced from Food Corporation of India, etc, and the mechanism to identify the quantity
To check alcohol abuse, under the new sugarcane molasses policy, every sugar mill will have to reserve at least 20 percent of the total molasses production in terms of C- heavy molasses, an official statement said here on Saturday.
These guidelines informed the chief executive officers and managing directors of the mills via a statement that the government decided to allow export of sugar up to reasonable limit till October 31, 2023. In this regard, the government has decided to allocate sugar mill-wise export quota of
A statement from the ministry of consumer affairs, food and public distribution on Sunday said as another measure to balance the price stability of sugar in the country and the financial positions of sugar mills in the country, based on initial estimates of sugarcane production, the governme
Chandigarh [India], October 3 (ANI): In order to provide assistance to sugarcane farmers, Punjab Chief Minister Bhagwant Mann on Monday announced a Rs 20 per quintal hike in the purchase price of sugarcane in the state from the existing Rs 360 to Rs 380 per quintal, said a statement from the
New Delhi [India], September 27 (ANI): The Government's focus on ethanol blended petrol along with favourable policies and its multiple benefits have enthused large sugar mills to step up their distillery capacities, ICRA said in a report.
Islamabad [Pakistan], September 18 (ANI): A Pakistan court has sent graft cases to the National Accountability Bureau, but those cases which involve leaders of the ruling coalition have been virtually closed and among these cases is the Prime Minister Shehbaz Sharif's Ramzan Sugar Mills graf
New Delhi [India], August 5 (ANI): India exported 100 lakh metric tonne (LMT) of sugar and diverted 35 LMT to ethanol production during the 2021-22 sugar season, the Ministry of Consumer Affairs, Food & Public Distribution said on Friday.