Financially weak sugar cooperatives may take loans from Maharashtra State Cooperative Bank on state guarantee. 8% Interest rate lower than that of National Cooperative Development Corporation.
Any major diversion of corn usage towards ethanol production would severely impact India's poultry sector. Modi govt's target of E20 by 2025 needs 2G biofuels.
Some mills from Maharashtra & Karnataka have already contracted to ship about 1.2 mn tonnes of raw sugar from next crop. Bumper supplies from India may potentially put a lid on prices.
India’s efforts to subsidise exports is drawing the ire of rival growers in Brazil & Australia, who say the policy is depressing world prices and hurting their farmers.
Nepal called itself ‘world’s only Hindu kingdom’ for much of the previous century. However, for most of history, the country was religiously, politically, and ethnically fragmented.
SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.
Many really smart people now share the position that playing cricket with Pakistan is politically, strategically and morally wrong. It is just a poor appreciation of competitive sport.
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