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Sugar industry soft loan

01 Mar 2019

Cabinet approves up to Rs 10,540 cr loan to help sugar mills clear cane arrear

Government will bear the interest subvention cost between 7 – 10 percent to the extent of Rs 553 crore to Rs 1054 crore for one year.

18 Jul 2018

Government hikes sugarcane price by Rs 20 quintal to Rs 275

The government had recently announced a sharp increase in the minimum support price (MSP) of kharif (summer-sown) crops, including paddy.

18 Nov 2015

Sugar mills' cane arrears to fall Rs 1,100 crore on govt subsidy

Sugar industry body ISMA on Wednesday said the millers' cane price liability to farmers would reduce by about Rs 1,100 crore following the government's decision to give direct subsidy of Rs 4.5 per quintal to cane growers.

18 Nov 2015

Govt approves over Rs 1,100 crore subsidy for cane farmers

The government on Wednesday decided to pay a production-linked subsidy of Rs 4.50 per quintal directly to cane farmers in the 2015-16 season to help cash-starved sugar mills clear arrears -- a move that would cost the exchequer about Rs 1,147 crore.

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