Sugar Industry – FRP, SAP, Rangarajan Committee, EBP, MIEQ, etc.

Cane price arrears came down to Rs 2,700 cr from Rs. 21,000 cr

  1. The measures taken by the govt to improve liquidity position of sugar mills enabled them to clear cane price dues of farmers.
  2. The cane price arrears were reduced from Rs. 21,000 cr to about Rs 2,700 cr.
  3. The measures included providing incentive on raw sugar export, extended financial assistance in the form of soft loan.
  4. It also provided fixed remunerative price for sugarcane and waived off excise duty on ethanol supplied under Ethanol Blending Program.
  5. Recently, a production subsidy was provided to sugar mills to offset cost of cane and facilitate timely payment of cane price dues.
Posted on | PIB

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