“Despite the lockdown, consumption of sugar in 2019-20 has been similar to the consumption of 255 lakh tonnes in the previous year,” said Vivek Pittie, president, Indian Sugar Mills Association, speaking at a recent industry webinar.
from Agriculture-Economy-News-Economic Times https://ift.tt/3ie40t8
The Food Ministry will soon move a Cabinet note seeking extension of the sugar buffer stock subsidy scheme for next year, Food Secretary Sudhanshu Pandey said on Friday. from Agriculture-Economy-News-Economic Times https://ift.tt/3klRYQr
The govt on Thursday banned exports of onion seeds with immediate effect. Earlier, the export of onion seeds was in the restricted category, which means an exporter was required to obtain a licence or permission from the government for shipments. from Agriculture-Economy-News-Economic Times https://ift.tt/3oF5vob
The National Company Law Appellate Tribunal (NCLAT) has set aside a penalty of Rs 38.05 crore imposed by the Competition Commission of India (CCI) on 18 sugar mills and two trade associations. The penalty was related to bid rigging in a joint tender for ethanol procurement. The NCLAT ruled that the CCI's order was illegal and did not comply with the principles of natural justice. from Agriculture-Economy-News-Economic Times https://ift.tt/UwRa5Jc
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