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'Sugar sector builds up inventory to avoid losses on sale'

Last Updated: Thursday, February 06, 2014, 18:01

Inventories are piling up for the country's sugar industry as it tries to save itself from selling the commodity at a loss, while pinning hopes on the government to soon provide incentives, a company official has said.

Centre plans to give freedom to states to hike PDS sugar price

Last Updated: Wednesday, August 07, 2013, 13:20

Food Minister K V Thomas on Wednesday said his ministry has moved a cabinet proposal to give freedom to state governments to hike the retail price of sugar sold in ration shops.

Import duty on sugar raised to 15%

Last Updated: Tuesday, July 09, 2013, 12:37

In a notification issued by the Central Board of Excise and Customs (CBEC), the duty of both raw and white (refined) sugar have been raised to 15 percent.

Govt notifies decision on partial sugar decontrol

Last Updated: Wednesday, May 08, 2013, 14:39

The government has notified the Cabinet Committee on Economic Affairs (CCEA) decision to remove two key controls on sugar sector.

Govt to decide on sugar decontrol before Budget: Thomas

Last Updated: Wednesday, February 06, 2013, 19:11

The Centre will take a decision on giving freedom to the Rs 80,000 crore sugar industry to sell the sweetener in open market before Budget, Food Minister K V Thomas said on Wednesday.

Rangarajan panel for giving freedom to mills to sell sugar

Last Updated: Friday, October 12, 2012, 12:35

The Rangarajan Committee on Friday recommended deregulation of the sugar sector, the only remaining industry that continues to be controlled by the government, by giving freedom to mills to sell sugar in the open market.