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Page 4 - Sugar Mills

Some states not issuing BGs to sugar mills linked to Oppn parties: Shah

Union Home Minister Amit Shah made a veiled remark against the MVA government claiming bank guarantees were not being issued to some sugar mills that have links to leaders of opposition parties.

Some states not issuing BGs to sugar mills linked to Oppn parties: Shah
Updated On : 18 Dec 2021 | 3:45 PM IST

Sugarcane arrears in UP down to Rs 3,895 crore in 2020-21: Govt

Food and Consumer Affairs Minister Piyush Goyal on Tuesday said cane arrears in Uttar Pradesh have reduced to Rs 3,895 crore from Rs 10,661 crore in 2017. Goyal, who is the Minister of Commerce & Industry, Consumer Affairs, Food and Public Distribution and Textiles, virtually inaugurated 50th Convocation Ceremony of National Sugar Institute, Kanpur, according to an official statement. In his inaugural address, Goyal stressed the need to increase productivity and production of sugarcane to boost farmers' income. Goyal said the sugar industry will help increase income of lakhs of farmers in India by raising productivity. It should be the resolve of the institute and its students to increase the productivity and value addition in 50 lakh hectares of land under sugarcane farmers, the minister said. He said the institute and its students have the ability to change lives as well as livelihoods of lakhs of farmers. Goyal highlighted that the country's sugar exports rose 20 per cent to .

Sugarcane arrears in UP down to Rs 3,895 crore in 2020-21: Govt
Updated On : 16 Nov 2021 | 9:55 PM IST

Sharad Pawar urges sugar mills to diversify, modernise manufacturing plants

Former Union agriculture minister Sharad Pawar on Tuesday asked sugar mills to diversify into other products like ethanol and CNG to deal with surplus production of sweetener

Sharad Pawar urges sugar mills to diversify, modernise manufacturing plants
Updated On : 16 Nov 2021 | 9:40 PM IST

Amit Shah chairs meeting over issues related to sugar mills in Maharashtra

Union Home Minister and Cooperation Minister Amit Shah on Tuesday chaired a meeting over issues related to sugar mills in Maharashtra.

Amit Shah chairs meeting over issues related to sugar mills in Maharashtra
Updated On : 19 Oct 2021 | 6:00 PM IST

Sugar companies likely to witness 5-7% revenue growth in FY'22: Report

In light of surged global sugar prices, the export prospects look promising for the upcoming sugar season even if export policy isn't announced: Report

Sugar companies likely to witness 5-7% revenue growth in FY'22: Report
Updated On : 12 Oct 2021 | 7:34 PM IST

Sugar industry focus should be new tech: Food Secretary Sudhanshu Pandey

The Centre has decided to grant mills the entire quantity of sugar diverted in their monthly release quote

Sugar industry focus should be new tech: Food Secretary Sudhanshu Pandey
Updated On : 02 Oct 2021 | 1:09 AM IST

Govt announces incentive for mills diverting sugar for ethanol production

The government on Friday said it will allocate a quantity of sugar that is sacrificed for ethanol production for monthly domestic sale along with the regular quota from this month onwards

Govt announces incentive for mills diverting sugar for ethanol production
Updated On : 01 Oct 2021 | 8:58 PM IST

Cost-benefit of deferred cane outgo and end to area reservation

While Gujarat is the only state to have gone ahead with staggered payments, the issue of area reservation has been resisted by most states, Maharashtra being an exception

Cost-benefit of deferred cane outgo and end to area reservation
Updated On : 08 Sep 2021 | 3:18 PM IST

Govt announces incentive for mills exporting sugar, diverting it to ethanol

The Centre on Thursday announced an incentive for sugar mills in the form of an additional domestic sales quota to those that export sugar and divert the commodity towards ethanol making

Govt announces incentive for mills exporting sugar, diverting it to ethanol
Updated On : 20 Aug 2021 | 1:07 AM IST

Sugar rally could help India to export 6 million tonnes without subsidy

New Delhi is expected to withdraw sugar export subsidies from the new season as a sharp rise in prices makes it easier for Indian mills to sell on the world market, a govt official said

Sugar rally could help India to export 6 million tonnes without subsidy
Updated On : 18 Aug 2021 | 2:17 PM IST

Indian mills gear up to make raw sugar for export as global prices rally

Strong demand for raw sugar as Brazil's output drops; traders so far sign contracts to export 725,000 tonnes of sugar

Indian mills gear up to make raw sugar for export as global prices rally
Updated On : 16 Aug 2021 | 8:26 PM IST

India exports 4.75 mn tonnes of sugar so far this year: Trade body

The sugar marketing year runs from October to September.

India exports 4.75 mn tonnes of sugar so far this year: Trade body
Updated On : 09 Jul 2021 | 3:59 PM IST

Huge air pollution caused by sugar mills across Uttar Pradesh: NGT

The National Green Tribunal has directed the UP pollution control board (UPPCB) to undertake a special drive for remedial measures.

Huge air pollution caused by sugar mills across Uttar Pradesh: NGT
Updated On : 29 Jun 2021 | 5:11 PM IST

Explained: How sugar sector shrugged off its bitter cyclical nature

Data shows that in the 10-year period from 2010-11 to 2020-21, India's annual sugar production exceeded domestic consumption in all the years, except 2016-17

Explained: How sugar sector shrugged off its bitter cyclical nature
Updated On : 25 Jun 2021 | 6:10 AM IST

Exports, ethanol boost to increase sugar mill margins up to 100 bps: Report

This comes amid high exports for the second consecutive season and increased supplies of ethanol for blending with petrol: report

Exports, ethanol boost to increase sugar mill margins up to 100 bps: Report
Updated On : 09 Jun 2021 | 6:08 PM IST

Balrampur Chini Mills Q4 consolidated profit down 2.46% at Rs 235.50 cr

Balrampur Chini Mills on Tuesday reported a 2.46 per cent decline in consolidated profit during the quarter ending March 31, at Rs 235.50 crore compared to the same period of the last financial year

Balrampur Chini Mills Q4 consolidated profit down 2.46% at Rs 235.50 cr
Updated On : 01 Jun 2021 | 8:35 PM IST

Indian mills sign sugar export deals without government subsidy

Mills have so far contracted around 5.8 million tonnes of sugar out of the export allocation of 6 million tonnes

Indian mills sign sugar export deals without government subsidy
Updated On : 26 May 2021 | 8:57 PM IST

Sugar stocks trading weak on subsidy squeeze may be an anomaly

The combined market capitalisation (m-cap) of the country's top 15 sugar manufacturers was down 2.8 per cent on average on Friday

Sugar stocks trading weak on subsidy squeeze may be an anomaly
Updated On : 22 May 2021 | 1:42 AM IST

India contracts for 5.6 mn tonne sugar export in 2020-21 marketing season

India has contracted to export 56 lakh tonne sugar so far in the ongoing 2020-21 marketing season, and is expected to conclude deals for shipment of the rest 4,00,000 tonne soon, says trade body AISTA

India contracts for 5.6 mn tonne sugar export in 2020-21 marketing season
Updated On : 11 May 2021 | 2:42 PM IST

India's October-February sugar output jumps 20%, few mills close early

A few mills closed operations ahead of normal schedule, a trade body said on Wednesday

India's October-February sugar output jumps 20%, few mills close early
Updated On : 03 Mar 2021 | 11:33 PM IST