!! LAST DAY !! Children's Day Sale - Flat 70% + Extra 10% Discount On All Pendrive / Android Courses. For More Call On 9354229384, 9354252518, 9999830584, 9315859773

News in Short

Filter By Date

Filter By Date

Government announces sugar export subsidy for farmers

Date: 29 August 2019 Tags: Commerce & Industry
  • Record sugar production in India has continued to drive down prices even as cane farmers face huge losses in payment. The Centre has decided to offer a Rs. 10.45 per kg subsidy to incentivise mills to export their surplus stocks.
  • It will benefit millions of farmers in U.P, Maharashtra and Karnataka, as well as other states.
  • The lump sum export subsidy will be provided for expenses on marketing costs including handling, upgrading and other processing costs, costs of international and internal transport and freight charges.The subsidy is in conformity with WTO agreements.