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Banks given 15 days to disburse soft loan to sugar mills

Banks given 15 days to disburse soft loan to sugar mills

Emphasising improvement on the liquidity position of sugar industry, government has given 15 more days to banks for disbursing Rs 1,900 crore soft loans to sugar mills.
 

Working on policy for timely payment to cane growers: Paswan

Concerned over Rs 20,000 crore of cane arrears to farmers, the government is preparing a long- term policy for the cash-starved sugar sector to ensure timely payment to growers.

Narendra Modi to meet ministers today on price rise issues

Prime Minister Narendra Modi will hold a meeting with his Council of Ministers on Friday to discuss about food prices , situation of monsoon in the country, among other issues.

Sugar stocks surge as govt plans to hike import duty to 15%

Sugar stocks on Friday rose by over 5 percent on reports that the government plans to increase import duty to 15 percent from the current 10 per percent.