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What is Sugar Mills Policy Boost and Export Outlook about?

The Indian government approved a Rs. 5,500 crore policy package to improve liquidity for sugar mills and help clear cane payment arrears. Key aspects include transport subsidies for sugar exports and a raw material subsidy aimed at reducing production costs. This is expected to boost sugar exports to 3 million tonnes in the 2018-19 season despite weak international prices. The policy also aims to reduce cane payment arrears by 70-75% through the liquidity improvements and direct subsidies to farmers. Howeve

Author

Divya Agarwal

Language

EN