Business Standard

Sunday, December 22, 2024 | 06:13 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

UP govt seeks plans of sugar mills for CSR spend ahead of crushing season

The sugarcane crushing in UP is expected to start after Diwali and go full steam by the middle of November

UP govt seeks plans of sugar mills for CSR spend ahead of crushing season
Premium

Virendra Singh Rawat Lucknow
Ahead of the next crushing season, the Uttar Pradesh government has flagged the statutory corporate social responsibility (CSR) spend for the state sugar mills.

UP sugarcane and sugar industry principal secretary Sanjay Bhoosreddy has directed all sugar mills and other companies/agencies associated with the sugarcane value chain to submit an audited report and blueprint of their CSR activities.

In a meeting with representatives of the sugar mills here last evening, Bhoosreddy reminded millers that under the Companies Act 2013, sugar mills with Rs 500 crore net worth, Rs 1,000 crore turnover or net profit of more than Rs 5 crore

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in