Cooperation Minister Amit Shah on Saturday instructed sugar mills within the cooperative sector to repair a goal of elevating their turnover by 25 per cent in two years and in addition take initiatives in group to arrange sugar mills in different states in order that the revenue is shared with extra farmers. Addressing the “Sugar … Read more
The 2023-24 season marked a major triumph for the Indian sugar business. The manufacturing escalated to a formidable 32.135 million tonnes (mt), exceeding each home and worldwide calls for, and leading to a surplus of 8.705 mt. As we sit up for the 2024-25 season, manufacturing would possibly expertise a slight decline to 29.75 mt, … Read more
The federal government has allowed using the B-heavy molasses (BHM) mendacity with sugar mills to make ethanol, which can see oil advertising corporations (OMCs) reallocating ethanol quota to distilleries within the subsequent 2-3 days. The transfer won’t have an effect on sugar availability as recent B-heavy molasses won’t be used for ethanol manufacturing, official sources … Read more
Sugar mills in Maharashtra have crushed 944.82 lakh tonnes (lt) of sugarcane to this point, producing 95.29 lt of sugar. Out of the whole 207 mills that began operations this sugar season, 22 mills have accomplished their operations. Throughout the identical interval final yr, 211 sugar mills in Maharashtra crushed 998.17 lt of sugarcane, ensuing … Read more
The Indian authorities has accredited the retail worth of potassium derived from molasses (PDM) at ₹4,263 per tonne or ₹213.5 per 50 kg bag. This would be the realisation fee for sugar mills after they promote the important thing uncooked materials to fertiliser corporations for making potash fertiliser and promoting it available in the market. … Read more
The Authorities has launched round ₹15,948 crore to sugar mills in varied schemes in 5 years, in line with a reply in Rajya Sabha on Friday. Replying to a query in Rajya Sabha, Anupriya Patel, Union Minister of State for Commerce and Trade, stated that the Centre has introduced varied schemes within the final 5 … Read more