•  
  • Welcome Guest!
  • |
  • Members Log In Close Panel
  •  
Home
 
  • Home
  • About us
  • Ethanol
  • Cogeneration
  • Environmental
  • Statistics
  • Distillery
  • Sugar Price
  • Sugar Process
  • Contact us

News


Govt to keep raw sugar export subsidy at Rs 3,300 per tn for Apr-May
Date: 23 Apr 2014
Source: Cogencis
Reporter: Stuti Chawla
News ID: 3254
Pdf:
Nlink:

The government has decided to keep raw sugar export subsidy at

Rs 3,300 a ton for Apr-May, Food Minister K.V. Thomas said.

"A notification on this will be issued soon," the minister said.

The Cabinet Committee on Economic Affairs had in February approved a

subsidy of Rs 3,300 a tn on export of raw sugar till end March to bail out

the cash-strapped sugar industry.

It had said the subsidy would be given on export of 4 mln tn raw sugar

over a period of two years, and the quantum of subsidy would be

re-calculated periodically based on the dollar-rupee rate.

Raw sugar exports under the subsidy have been limited due to a rise in

domestic sugar prices.

According to government sources, Directorate General of Foreign Trade has

registered export of around 250,000 tn sugar since Feb 28, when the export

subsidy was notified.

The food ministry, however, is yet to get any subsidy claims.

 
  

Navigation

  • TV Interviews
  • Application Form For Associate Membership
  • Terms & Conditions (Associate Member)
  • ISMA President
  • Org. Structure
  • Associate Members(Regional Association)
  • Who Could be Member?
  • ISMA Committee
  • Past Presidents
  • New Developments
  • Publications
  • Acts & Orders
  • Landmark Cases
  • Forthcoming Events




Indian Sugar Mills Association (ISMA) © 2010 Privacy policy
Legal Terms & Disclaimer
 Maintained by