Page 3 - Sugar Industry

India's sugar exports on good course; contracts over 50 lakh tonnes so far

India's sugar exports are on a "good course" this year as traders have contracted over 50 lakh tonnes of the sweetener so far, Food Secretary Sudhanshu Pandey said on Monday.

Sugarcane pricing

Proposed reforms are good but much more needs to be done

Self-reliant sugar industry

Revenue-sharing mechanism can provide a lasting solution

Maharashtra govt holds meet on sugar industry issues; Pawar attends

The Maharashtra co-operation department on Thursday held a meeting here to discuss issues faced by the sugar industry in the state

Farmers' stir: UP plans to advance sugarcane crushing season to Oct 15

India's top sugar producer, UP had logged over 12 million tonnes last year

Adityanath warns UP sugar mills over delay in clearing farmers' cane dues

UP mills have A sugarcane outstanding of nearly Rs 11,000 crore

Convert sugar factories into bio-energy hubs, says Food Secretary

He also said there is a greater need for developing flexi sugar factories producing sugar and ethanol as per relative economics and market demand

Dalmia Bharat Sugar's Q1 net profit jumps over two-folds to Rs 125.86 cr

The company had posted a net profit of Rs 54.39 crore in the same quarter year ago, according to a regulatory filing.

Renuka Sugars' shareholders approve raising up to $300 mn from holding firm

The ordinary resolution to this effect was approved by the shareholders at an extra ordinary general meeting, according to a regulatory filing

Falling short

New proposals will not solve the sugar sector problems

Covid impact: Domestic sugar consumption likely to dip 2 million tonnes

According to estimates, domestic institutional sales account for 65-70 per cent of the total sugar sales with the remaining emerging from the household segment

Lockdown: Working capital woes hit sugar mills as consumption dips

Industry seeks allocation of special fund to clear pending export subsidies

Tamil Nadu sugar industry asks Centre to rework loans in wake of Covid-19

Sector says new drought-resistant, high-yield and high-recovery cane to be introduced next year

Fund-starved Maharashtra sugar industry pin hopes on new coalition govt

NCP commands considerable support among cane growers and sugar mills; 75% of the state's functional units owe allegiance to the party

Tamil Nadu CM urges Centre to step in and distressed sugar industry

Wants Union govt to instruct banks and FIs to finalise debt restructuring package for industry in the State and not take harsh steps under IBC or SARFAESI Act

Sugar industry expects to bounce back after price rise, govt measures

Tamil Nadu mills in the red still, seek financial package and loan relief.

Output fall won't push sugar prices much beyond MSP of Rs 31 per kilogram

In the 2018-19 season, the government had facilitated creation of a 3 million tonnes sugar buffer stock with an expenditure of around Rs 1,550 crore. The validity of the buffer stock expired on June 3

The bitter truth

Sugar sector needs reforms, not band-aids

Sweetener for sugar industry: Govt okays soft loan of Rs 12,900 crore

The additional funds are part of the government's measure to address the stress in the sugar sector

Sugar makers rush to expand ethanol capacity; 114 applications approved

The Central government in June for the first time fixed a separate price for ethanol produced from B-heavy molasses and C-heavy molasses