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

Government could help sugar mills pay higher cane prices: K V Thomas .


Date: 29-11-2013
Subject: Government could help sugar mills pay higher cane prices: K V Thomas
NEW DELHI: Government could give financial assistance to sugar mills to help them pay farmers higher prices for cane, Food Minister K V Thomas said on Thursday, as surplus production pushes retail prices ever lower.

The impasse between farmers and millers over price has delayed the start of cane crushing, which usually takes place at the beginning of November. The longer the situation continues the greater the impact on production will be, though stocks are comfortable for now.

"We are willing to consider all possible assistance to sugar mills so that cane crushing can start as soon as possible," Thomas told reporters.

Prime Minister Manmohan Singh has set up a committee comprising the food, farm, oil and civil aviation ministers to look into the demands of mills.

"The committee will meet soon and decide on the demands of mills," he said.

The industry has been demanding an increase in import duty, interest-free loans for mills, subsidies for exports and creation of buffer stocks to help mills.

Sugar cane crushing normally starts in the first week of November in Maharashtra and Uttar Pradesh, the country's top two producing states. But this year it has been delayed as farmers and mills could not reach an agreement over the cane price.

Farmers want prices increased to compensate for a rise in fuel and fertiliser costs, while millers want to reduction to reflect falling retail prices.

India, the world's second biggest sugar producer, is expected to produce 24.4 million tonnes in the year to September 2014, exceeding estimated annual demand of 23 million tonnes, Thomas said.

Indian sugar dealers have signed contracts to export nearly 500,000 tonnes of raw sugar between December to February.

The delay in crushing is unlikely to delay shipments by more than a few weeks, dealers said.

Source : economictimes.indiatimes.com

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: 18-09-2025
Corrigendum
Corrigendum to Notification No. 9/2025 – Central Tax (Rate) dated 17.09.2025

Date: 17-09-2025
Notification No. 13/2025-Central Tax (Rate)
Seeks to amend Notification No. 21/2018- Central Tax (Rate) dated 26.07.2018.

Date: 17-09-2025
Notification No. 14/2025-Central Tax (Rate)
Seeks to notify GST rate for bricks.

Date: 17-09-2025
Notification No. 37/ 2025-Customs
Seeks to amend Notification No.19/2019-Customs dated 06.07.2019

Date: 17-09-2025
Notification No. 38/ 2025-Customs
Seeks to amend Notification No.29/2025-Customs dated 09.05.2025

Date: 17-09-2025
Notification No. 39/2025-Customs
Seeks to amend Notification No.50/2017-Customs, dated 30.06.2017

Date: 17-09-2025
NOTIFICATIONNo. 15/2025 – Central Tax
Seeks to exempt taxpayer with annual turnover less than Rs 2 Crore from filing annual return.

Date: 17-09-2025
NOTIFICATION No. 16/2025–Central Tax
Seeks to notify clauses (ii), (iii) of section 121, section 122 to section 124 and section 126 to 134 of Finance Act, 2025 to come into force.

Date: 17-09-2025
Notification No. 12/2025-Central Tax (Rate)
Seeks to amend Notification No. 8/2018- Central Tax (Rate) dated 25.01.2018.

Date: 17-09-2025
NOTIFICATION No. 14/2025 – Central Tax
Seeks to notify category of persons under section 54(6).



Exim Guru Copyright © 1999-2025 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