Diabytes
Sugar subsidy News
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The subsidy would be directly credited into farmers’ account on behalf of mills against cane price dues and subsequent balance, if any, would be credited to mill’s account.
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Guatemala has sought consultations with India under the rules and procedures governing the settlement of disputes of the Geneva-based 164-member WTO.
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The Cabinet Committee on Economic Affairs (CCEA) is likely to review production subsidy to sugar mills for 2015-16 season tomorrow, taking into account lower sugar production and exports.
The government today notified fixed subsidy of Rs 4,000 a tonne for export of up to 1.4 million tonnes of raw sugar in the ongoing 2014-15 marketing year (October-September).
The Cabinet Committee on Economic Affairs (CCEA) is likely to take up Thursday a proposal to extend export subsidy to 1.4 million tonnes of raw sugar in the ongoing 2014-15 marketing year.
The Cabinet Committee on Economic Affairs (CCEA) is likely to discuss Wednesday a proposal to give flexibility to state governments to fix the retail price of PDS sugar, kept unchanged at Rs 13.50 per kg since 2002.
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