Out of 532 mills that started operations in current season, 400 mills closed operations, including all mills from Maharashtra, Indian Sugar Mills Association said in statement.
Maharashtra and Karnataka, the country's biggest and the third-biggest sugar producing states, have had heavy rains pushing back harvests by a fortnight.
Union minister Piyush Goyal said the FRP has been increased for a basic recovery rate of 10% and there won't be any deduction where recovery is below 9.5%.
Union minister Prakash Javadekar said both sugar industry & sugarcane farmers are in crisis because of high domestic production and subsidy amount will be directly given to farmers.
UP govt order to sugar mills to provide molasses to alcoholic drinks manufacturers at rates well below market levels means less is available to turn into ethanol.
In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.
The decorated Naga officer from Manipur also served as envoy to Myanmar & Nagaland chief secy. Defence Minister Rajnath Singh inaugurated a museum dedicated to the Tawang hero Thursday.
Congress is silently acknowledging it over-read verdict of last general election. You can see it in easy concession to SP. It will likely be more reasonable in Maharashtra & Jharkhand.
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