Tag: Taxpayers

Govt. Fixes 21.5 LMT Monthly Sugar Quota for Sale in December 2020

In a meeting held on Thursday chaired by Union Commerce & Industry Minister Piyush Goyal stakeholders from the sugar industry shared their concerns and expectations from the Government of India.

Mr. Tom McNeill, Managing Director - Greenpool Commodities sharing his views to provide a deeper understanding of the dynamic changes in the world sugar market and scenarios.

In order to boost the income of the sugarcane farmer and improve the cash flow of the sugar millers, the Government may consider implementing a dual pricing system for the sugar industry.

In a note issued on the 24th day of November 2020, the Directorate of Sugar & Vegetable Oils has directed all the sugar mills that have commenced crushing operations in the sugar season 2020-21 to furnish the estimated production of sugar in the month of November 2020 and in respect of their ethanol production from sugar/sugar syrup/sugarcane juice to the Directorate