Govt notifies decision on partial sugar decontrol

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

Food Ministry notifies CCEA decision on sugar decontrol

Currently, sugar is sold at the retail issue price (RIP) of Rs 13.50 per kg in ration shops.

Food Min to notify sugar decontrol steps next week

On April 4, the Cabinet Committee on Economic Affairs (CCEA) had decided to partially decontrol the sugar sector, the only industry left under the government control.

Centre to bear extra PDS sugar subsidy for 2 years: FM

The Centre will bear an additional annual subsidy of Rs 2,600 crore on account of decontrolling the sugar sector only for two years, Finance Minister P Chidambaram said on Saturday.

Experts cautiously hopeful on sugar decontrol

Experts have kept their fingers crossed in relation to dilution of the spirit of the Rangarajan’s committee recommendations.

Sugar stocks surge on decontrol buzz

Shares of sugar manufacturers led by Bajaj Hindusthan surged by more than 7 percent on BSE ahead of the Cabinet Committee on Economic Affairs (CCEA) meeting which is likely is to take up a proposal on sugar decontrol.

Partial decontrol of sugar sector; prices not to go up: Govt

In a major reform, the government Thursday partially decontrolled the Rs 80,000-crore sugar sector by giving freedom to millers to sell in the open market and removed their obligation to supply the sweetener at subsidised rates to ration shops.

No decision on sugar decontrol

The Cabinet Committee on Economic Affairs (CCEA) on Tuesday did not take up the proposal to decontrol the sugar sector as Finance Minister P Chidambaram is away on a foreign tour.

Sugar decontrol buzz gains momentum!

The Union Cabinet is likely to consider the long-standing sugar decontrol proposal this week. But, can the government bite the bullet on an issue which is politically contentious and dear to sugarcane farmers in the heartland?

Cabinet may discuss revised Food Bill, sugar decontrol this week

The government is likely to consider this week major amendments to the Food Security Bill and also discuss a proposal on sugar decontrol.

Decision on sugar decontrol likely in next 15 days: Thomas

The Centre is likely to take a decision on giving freedom to the Rs 80,000 crore sugar industry to sell the sweetener in the open market in the next 15 days, Food Minister K V Thomas on Friday said.

Govt may form inter-ministerial panel on sugar decontrol

In order to fast track decontrol of sugar sector, the government is mulling setting up an inter-ministerial panel to review recommendations of the Rangarajan Committee on sugar deregulation.

Centre seeks states' views on sugar decontrol report

Speeding up work to decide on decontrolling the sugar sector, the Centre has sought the views of the state governments on the Rangarajan report by the month-end.

Sugar industry seeks decontrol for growth; rules out cartelisation

Seeking immediate decontrol, sugar industry bodies ISMA and NFCSF Thursday said giving freedom to mills to sell sugar will help achieve higher growth of 15-20 percent and bring investment into the sector.

Decontrol may boost sugar companies' profits by 50%: Crisil

The profitability of sugar firms rated by Crisil may increase by 50 percent if recommendations of Dr C Rangarajan Committee pertaining to full decontrol of the sector are implemented, according to the rating agency's report.

CII for early implementation of sugar decontrol recommendation

Industry chamber CCI Tuesday said that early implementation of the Rangarajan panel's recommendations on deregulation of the sugar industry will enable smooth transition and boost growth of the sector.

Report on sugar decontrol not to remain on backburner: Thomas

The government will take a time- bound decision on the Rangarajan committee's recommendations on freeing sugar industry and its report will not be put on "backburner", Food Minister K V Thomas said Monday.

Sugar stocks rise on Rangarajan's panel report on decontrol

Shares of sugar companies on Friday soared as much as 5 percent after the the Rangarajan Committee suggested de-control of the industry by giving freedom to mills to sell their produce in open market.

Industry hails Rangarajan's panel report on sugar decontrol

Hailing the recommendation by the Rangarajan Committee to decontrol the sugar industry, Indian Sugar Mills Association (ISMA) on Friday said the suggestions if adopted by the Centre would help the industry in achieving faster growth and attracting investments.

Give freedom to mills to sell sugar in open market: Rangarajan panel

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.