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Cabinet approves Fair and Remunerative Price of sugarcane payable by sugar
Updated : 2 years ago IST
The Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi on Wednesday approved the Fair and Remunerative Price (FRP) of sugarcane for Sugar Season 2024-25 at Rs 340 per quintal at sugar recovery rate of 10.25
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Sufficient sugar availability in country at reasonable prices: Department
Updated : 2 years, 6 months ago IST
As the current Sugar Season (Oct-Sep) 2022-23 is coming to an end on September 30, 2023, India has already crossed sugar production of 330 LMT excluding diversion of about 43 LMT for ethanol production. Thus, total sucrose production in the country would be about 373 LMT which is second high
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Sufficient sugar availability ensured by govt, boosting domestic markets,
Updated : 2 years, 6 months ago IST
Secretary of DFPD, Sanjeev Chopra informed that as the current Sugar Season (Oct-Sep) 2022-23 approaches its end on September 30, 2023, India has achieved a remarkable sugar production of 330 LMT (Lakh Metric Tonnes), not including approximately 43 LMT diverted for ethanol production. This b
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Govt says sufficient sugar available for domestic needs
Updated : 3 years ago IST
Keeping in view the domestic consumption of about 275 lakh tonne of sugar and exports of about 61 lakh tonne, the closing stock is expected at about 70 lakh tonne, which the food ministry said is sufficient to meet domestic demand for about three months.
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Sugar stocks surge as sector consolidates
Updated : 3 years, 3 months ago IST
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.
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Lower exports to dilute profitability of sugar mills this financial year:
Updated : 3 years, 3 months ago IST
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.
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Govt asks sugar mills to export speedily to make early payment to farmers
Updated : 3 years, 4 months ago IST
The Central Government has directed sugar mills across the country to export speedily to make an early payment to farmers.
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Govt issues guidelines for sugar export for 2022-23: Commerce minister
Updated : 3 years, 4 months ago IST
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
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Govt allows sugar exports of up to 6 mt for 2022-23
Updated : 3 years, 4 months ago IST
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
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Cabinet approves mechanism for ethanol procurement by Oil PSUs
Updated : 3 years, 4 months ago IST
The CCEA has approved higher ethanol price derived from different sugarcane-based raw materials under the EBP programme for the forthcoming sugar season 2022-23 during ESY 2022-23 from December 1, 2022, to October 31, 2023.
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India exports 100 LMT sugar in 2021-22; 35 LMT sugar diverted to Ethanol
Updated : 3 years, 7 months ago IST
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.
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Highest ever price for sugarcane farmers approved by Cabinet Committee on
Updated : 3 years, 7 months ago IST
New Delhi [India], August 3 (ANI): Keeping in view the interest of sugarcane farmers, the Cabinet Committee on Economic Affairs on Wednesday approved the Fair and Remunerative Price (FRP) of sugarcane for sugar season 2022-23.
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