Government extends sugar export deadline by three months to help mills, farmers

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“It has been decided that those sugar mills, which have partially exported their MAEQ quota of sugar season 2019-20 till the end of this month, will be allowed to export the balance quantity of their quota till the end of this calendar year,” said a senior food ministry official.

from Agriculture-Economy-News-Economic Times https://ift.tt/35EvKnS

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NCLAT set aside CCI order imposing penalty on 18 sugar mills, 2 trade associations

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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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