May 4, 2020
Heads to roll as change looms at Sugar Directorate Major changes are expected in the sugar sector as the Ministry of Agriculture moves to reorganise the Sugar Directorate.
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Heads to roll as change looms at Sugar Directorate Major changes are expected in the sugar sector as the Ministry of Agriculture moves to reorganise the Sugar Directorate.
Sugar sector should consider its complete decontrol, said Nationalist Congress Party chief Sharad Pawar while addressing the Sugar Conclave in Pune on Monday.
In the previous week sugar sector was the outperforming sector ideal stock give three stocks which could give 100-250% return next 1 month.
In the previous week sugar sector was the outperforming sector ideal stock give three stocks which could give 100-250% return next 1 month.
Yogi govt gives ‘khandsari’ plants a push ahead of challenging sugar season
Targets licensing 50 new khandsari plants before 2018-19 crushing season
Economy & Policy : Even as another challenging domestic sugar season stares at the industry amid projected bumper sugarcane crop and depressed sugar prices, the Yogi Adityanath government is revitalising the once flourishing ‘khandsari’ (unrefined/raw sugar) sector in the state.
Khandsari is basically unrefined/raw sugar derived from thickened sugarcane syrup. It has higher molasses content and is deemed healthier than the refined and chemically treated white sugar.
ALSO READ: UP gives push to setting up unrefined sugar plants to help cane farmers
At one point, there were about 5,000 khandsari units operating in the countryside of UP. However, only about 161 of the total 1,078 licensed khandsari plants were functional during the last crushing season, 2017-18.
To incentivise these rural-based units for job creation and giving an alternative to cane farmers, the Adityanath government had amended the policy, reducing the radial distance from the nearest sugar mill from…Read More
Cabinet approves Rs 8,500 crore bailout package for sugar industry
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This will be in addition to the financial assistance of Rs 5.50 per quintal of sugarcane announced a few weeks ago, costing over Rs 15 billion