Ban on sugar for ethanol: Centre files caveats in High Courts of Bombay and Karnataka fearing stay order

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Several sugar firms have approached various courts seeking a stay on the Centre's December 7 order prohibiting mills from producing ethanol from sugarcane juice in the 2023-24 season. In the absence of a caveat, the courts can pass a stay order without hearing the government, explained the official cited above. The Centre issued the ban to keep a check on rising sugar prices in the domestic market despite restrictions on exports due to lower sugarcane yield in main producer states of Maharashtra and Karnataka.

from Agriculture-Economy-News-Economic Times https://ift.tt/b9Kjwph

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