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  • Supply tailwinds lift sugar mill shares May 06, 2021 01:47 PM IST

    Supply tailwinds lift sugar mill shares

    Sugar mill shares are on a roll as rising prices and tight supply conditions are conducive to their profit margins

  • SC seeks replies of Centre, states on delay in payment of dues of Rs 15,683 crore to sugarcane farmers Feb 12, 2021 09:11 PM IST

    SC seeks replies of Centre, states on delay in payment of dues of Rs 15,683 crore to sugarcane farmers

    The plea also said a Committee of expert be formed to study the problems of non-payment of dues by the sugarcane industries and make changes in the legal framework to ensure that in the future no delay occurs in the payment of dues of farmers.

  • Sugarcane arrears at Rs 16,883 crore as on January 31 of 2020-21 marketing year Feb 09, 2021 07:44 PM IST

    Sugarcane arrears at Rs 16,883 crore as on January 31 of 2020-21 marketing year

    Sugar mills of Uttar Pradesh owed Rs 7,555.09 crore, followed by Karnataka at Rs 3,585.18 crore and Maharashtra at Rs 2,030.31 crore, the data showed.

  • Excessive water use for sugarcane crop creating crisis: Expert Nov 27, 2020 05:20 PM IST

    Excessive water use for sugarcane crop creating crisis: Expert

    "Once Maharashtra was known for its strong rural economy and farming. But in the past few years, excessive use of water for sugarcane cultivation has led to environmental imbalance in the state. In the future, Maharashtra will face a water crisis due to this," Rajendra Singh, who is known as "Waterman of India", said.

  • Strained government finances could be a risk for the sugar sector Oct 28, 2020 02:05 PM IST

    Strained government finances could be a risk for the sugar sector

    Strained government finances could be a risk for the sugar sector

  • Ample monsoon rains push India's summer crop plantings to record Aug 29, 2020 07:50 PM IST

    Ample monsoon rains push India's summer crop plantings to record

    Between Friday and June 1, farmers planted a greater acreage of every single summer crop than last year, the data showed.

  • Sugar mills are in for a good fiscal but for one risk Jul 03, 2020 01:32 PM IST

    Sugar mills are in for a good fiscal but for one risk

    A healthy growth in sugar output is forecast in 2020-21, assuring mills a good fiscal year as long as the industry’s support system stays intact

  • Priyanka Gandhi slams UP govt over farmer's suicide, says BJP mum on payment of sugarcane dues Jun 05, 2020 02:55 PM IST

    Priyanka Gandhi slams UP govt over farmer's suicide, says BJP mum on payment of sugarcane dues

    The suicide triggered a protest by farmers on Friday who demanded that a case be registered against sugar mill officials for failure to procure sugarcane from farmers.

  • Only Centre has exclusive powers to fix minimum price for sugarcane, holds SC Apr 22, 2020 09:35 PM IST

    Only Centre has exclusive powers to fix minimum price for sugarcane, holds SC

    The Apex Court said that there cannot be any inconsistency or conflict between the prices fixed by the Centre and the state as the “advised price” has to be higher than the minimum price fixed by the Union government.

  • Sugar mills yet to clear Rs 2,400cr pending dues of last 2 seasons to cane growers: Govt Feb 25, 2020 12:08 PM IST

    Sugar mills yet to clear Rs 2,400cr pending dues of last 2 seasons to cane growers: Govt

    Depressed sugar prices due to surplus sugar production in two consecutive sugar seasons -- 2017-18 and 2018-19 -- adversely affected the liquidity of sugar mills resulting in accumulation of cane price arrears of farmers.

  • Sugar sector a sweet spot for investors Jan 01, 2020 09:25 AM IST

    Sugar sector a sweet spot for investors

    Sugar production has taken a hit in two of the biggest sugar-producing states in the country

  • No government subsidy for sugarcane farmers in India: Raju Shetti Nov 19, 2019 08:32 AM IST

    No government subsidy for sugarcane farmers in India: Raju Shetti

    He said the government has not given any such subsidy to sugarcane farmers in India as claimed by Australia and other countries in their petition at the WTO.

  • Corporate Corridor | Sugar mills need sops to tide over a problem of plenty May 10, 2019 08:27 AM IST

    Corporate Corridor | Sugar mills need sops to tide over a problem of plenty

    India’s final sugar output is much higher than expected. A problem of plenty is likely to affect sugar mills unless the government steps in

  • Sugarcane arrears to growers to come down by Rs 9,000 cr: ISMA Mar 01, 2019 02:11 PM IST

    Sugarcane arrears to growers to come down by Rs 9,000 cr: ISMA

    Indian Sugar Mills Association (ISMA) Director General Abinash Verma said mills interest burden will reduce by Rs 800-900 crore with government providing the interest subvention.

  • Nitin Gadkari suggests UP farmers to change cropping pattern; pitches for biodiesel from sugarcane Feb 21, 2019 08:15 PM IST

    Nitin Gadkari suggests UP farmers to change cropping pattern; pitches for biodiesel from sugarcane

    Union Minister for Road Transport and Highways Gadkari laid the foundation stone of the Rs 5,000-crore Panipat-Khatima highway project. He also laid the foundation stone of a Rs 232-crore project under the Namami Gange programme.

  • Comment | Sugar minimum price: small carrot, big stick Feb 18, 2019 02:26 PM IST

    Comment | Sugar minimum price: small carrot, big stick

    The increase of Rs 2 per kg in the minimum selling price of sugar is much less than what the industry wanted but even this comes with strings attached. The government wants cane arrears cleared.

  • Opinion | Kicking its sugar addiction should be Modi govt's priority if it returns in May Jan 08, 2019 11:27 AM IST

    Opinion | Kicking its sugar addiction should be Modi govt's priority if it returns in May

    The government needs to shrink its role in the sugar sector.

  • Opinion | Why sugar exports to China can be a turning point for sector Nov 12, 2018 12:20 PM IST

    Opinion | Why sugar exports to China can be a turning point for sector

    The government-to-government level trade deal to export sugar to China will be a game changer for the beleaguered sector

  • Opinion | Why Modi govt's push for ethanol as cheaper fuel is not good for India Sep 17, 2018 11:37 AM IST

    Opinion | Why Modi govt's push for ethanol as cheaper fuel is not good for India

    There are five reasons why the push for ethanol is not as good as it sounds.

  • Editor's Take | Cabinet approves 25 percent hike in ethanol prices Sep 12, 2018 04:45 PM IST

    Editor's Take | Cabinet approves 25 percent hike in ethanol prices

    Sakshi Batra discusses with Gaurav Choudhury , Policy Editor of Moneycontrol, the implications of this new policy on sugarcane farmers who have still not been paid arrears to the tune of Rs 13000 crore.

  • Mills to buy sugarcane worth Rs 1 lakh crore next year; may lead to payment crisis Sep 06, 2018 04:45 PM IST

    Mills to buy sugarcane worth Rs 1 lakh crore next year; may lead to payment crisis

    Sugar production of India is estimated to rise to 35.5 million tonnes in the next 2018-19 marketing year (October-September) from 32.5 million tonnes in the current year on the back of higher cane output.

  • How will the hike in FRP on sugarcane impact sugar industry? Jul 24, 2018 08:16 AM IST

    How will the hike in FRP on sugarcane impact sugar industry?

    FRP and MSP: Are the two rates contradictory or do they supplement each other in guaranteeing a fair price for farmers?

  • Opinion I Why the govt's sweet tooth could give diabetes to India's sugar sector Jul 20, 2018 02:34 PM IST

    Opinion I Why the govt's sweet tooth could give diabetes to India's sugar sector

    An overdose of sugar incentives is affecting both the sugar sector in India and the world

  • Relief for farmers? Cabinet approval for subsidy of Rs 55 per tonne on sugarcane likely today May 02, 2018 10:39 AM IST

    Relief for farmers? Cabinet approval for subsidy of Rs 55 per tonne on sugarcane likely today

    According to industry estimates, sugar mills owe arrears to the tune of nearly Rs 20,000 crore to the farmers.

  • Indian Agriculture: Misdirected populist policies doing more harm than good Apr 24, 2018 02:52 PM IST

    Indian Agriculture: Misdirected populist policies doing more harm than good

    Populist support measures are only a short-term solution and aggravate the imbalance in resource allocation.

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