The central government having directed sugar mills not to use cane juice or syrup to produce ethanol may hurt, to some extent, the blending with fuel but it is expected to increase the production of sugar, according to a Crisil report.
"The decision will benefit 5 crore sugarcane farmers and their dependents, as well as 5 lakh workers employed in the sugar mills and related ancillary activities," Anurag Thakur said.
Speaking at the certificate distribution ceremony for the winners of the State Sugarcane Production Competitions, he said, "Prior to six years, sugarcane farmers in the state used to face difficulties in obtaining receipts because of discrepancies in the weighing of sugarcane as well as thef
Pointing out that India currently imports oil worth Rs 16 lakh crore from Arab countries, he said sugar mills can help India become self-reliant in oil production through ethanol. Once the country achieves self-sufficiency in oil production, the money would go to the accounts of sugarcane fa
Lucknow (Uttar Pradesh) [India], February 17 (ANI/BusinessWire India): Dhruv M. Sawhney, Chairman & Managing Director (CMD), Triveni Engineering & Industries Ltd. (TEIL), was today conferred with a Lifetime Achievement Award for his immense contribution towards the sugar industry of
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
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