Wait...
Search Global Export Import Trade Data
Recent Searches: No Recent Searches

With a record sugar production, Maharashtra closes 2021-22 season; next season also expected set a n.


Date: 16-06-2022
Subject: With a record sugar production, Maharashtra closes 2021-22 season; next season also expected set a n
Even as Maharashtra closed its 2021-22 sugar season on Tuesday producing historically highest sugar, the state is already staring at breaking this record in the next season starting October 1, said state's sugar commissioner Shekhar Gaikwad.

"Maharashtra's sugar mills have produced 138 lakh tones of sugar, which is the highest quantity ever produced since the inception of the sugar landindustry in the state. The 2021-22 also proved to be the year of longest crushing season, as the mills operated for 240 days," said Gaikwad

"With this, Maharashtra has surpassed countries like China, Russia, Thailand, Australia become a sugar producing region, which is next only to Brazil," said Gaikwad.

This year, India has become the largest sugar producer in the world, pushing Brazil to the second position.

"The process of taking review of area under cane for the next year is currently underway. So farm, 95% of the sugar mills have informed us that next year, the area planted under cane in their jurisdiction will be higher than the current year," said Gaikwad.

To avoid crushing cane in during the peak summer months, the office of the sugar commissioner of the state is going to propose an early start to the crushing operation in 2022-23, which is about four months away.

Maharashtra broke one more record by crushing 1320 lakh tonnes of sugarcane. The sugar mills have paid Rs 37,712 crore of FRP till date to the farmers, which is 95.28% of the total payable FRP of the farmers.

The state government had to struggle to crush the excess cane in the current season as the harvesting labour refused to work in the months of April and May. For the next year, the share of mechanised harvesting is set to increase as 200 more harvesters are likely to be added taking the total to 1000 harvesters.

BOX: Maha opposes CACP recommendation of increase in base recovery to 10.25%

The Commission for Agricultural Costs and Prices (CACP), which recommends the fair and remunerative price (FRP) for sugarcane, has suggested to increase the basic recovery from 10% to 10.25% from the 2022-23 season.

However, Maharashtra government has conveyed to the CACP to keep the base recovery unchanged as frequent changes to it can confuse the farmers.

In the ongoing season, the FRP is Rs 290/quintal for a basic recovery of 10%. Sugar recovery is the proportion of sugar extracted from sugar, while the FRP of cane goes up with higher sugar recovery percentage.

Source Name:-Economic Times









Get Sample Now

Which service(s) are you interested in?
 Export Data
 Import Data
 Both
 Buyers
 Suppliers
 Both
OR
 Exim Help
+


What is New?

Date: 12-04-2024
NOTIFICATION No. 09/2024 – CENTRAL TAX
Seeks to extend the due date for filing of FORM GSTR-1, for the month of March 2024

Date: 10-04-2024
NOTIFICATION No. 08/2024- Central Tax
Seeks to extend the timeline for implementation of Notification No. 04/2024-CT dated 05.01.2024 from 1st April, 2024 to 15th May, 2024

Date: 08-04-2024
Notification No 07/2024 – Central Tax
Seeks to provide waiver of interest for specified registered persons for specified tax periods

Date: 04-04-2024
Notification No. 27/2024 - Customs (N.T.)
Exchange Rate Notification No. 27/2024-Cus (NT) dated 04.04.2024-reg

Date: 26-03-2024
Notification No. 24/2024 - Customs (N.T.)
Exchange Rate Notification No. 24/2024-Cus (NT) dated 26.03.2024-reg

Date: 14-03-2024
NOTIFICATION No. 17/2024-Customs
Seeks to amend notification No. 57/2017-Customs dated 30.06.2017 so as to modify BCD rates on certain smart wearable devices.

Date: 12-03-2024
NOTIFICATION No. 15/2024-Customs
Seeks to amend specific tariff items in Chapter 90 of the 1st schedule of Customs Tariff Act, 1975.

Date: 12-03-2024
NOTIFICATION No. 16/2024-Customs
Seeks to amend Notification No. 50/2017-Customs dated 30.06.2017 so as to change the applicable BCD rate on specified parts of medical X-ray machines.

Date: 07-03-2024
Notification No. 18/2024 - Customs (N.T.)
Exchange Rate Notification No. 18/2024-Cus (NT) dated 07.03.2024-reg

Date: 06-03-2024
Notification No. 13/2024-Customs
Seeks to amend notification No. 50/2017- Customs dated 30.06.2017, in order to reduce the BCD on imports of meat and edible offal, of ducks, frozen, subject to the prescribed conditions, with effect from 07.03.2024.



Exim Guru Copyright © 1999-2024 Exim Guru. All Rights Reserved.
The information presented on the site is believed to be accurate. However, InfodriveIndia takes no legal responsibilities for the validity of the information.
Please read our Terms of Use and Privacy Policy before you use this Export Import Data Directory.

EximGuru.com

C/o InfodriveIndia Pvt Ltd
F-19, Pocket F, Okhla Phase-I
Okhla Industrial Area
New Delhi - 110020, India
Phone : 011 - 40703001