Sucheta Dalal :Sugar industry moving towards crisis?
Sucheta Dalal

Click here for FREE MEMBERSHIP to Moneylife Foundation which entitles you to:
• Access to information on investment issues

• Invitations to attend free workshops on financial literacy
• Grievance redressal

 

MoneyLife
You are here: Home » What's New » Sugar industry moving towards crisis?
                       Previous           Next

Sugar industry moving towards crisis?  

August 13, 2014

The Centre needs to seriously take up issues of sugar mills and farmers and bring about proposals to resolve it, while ensuring a fair price formula for all concerned. Piece-meal decisions affecting the sugar industry will not be beneficial in the long run

 

AK Ramdas


The sugar industry in Uttar Pradesh (UP) is in revolt. Five major mills, such as Balrampur Chini, Bajaj Hindustan, Dharmpur Sugar, DCM Shriram and Dwarakesh Sugar have informed the Stock Exchanges that they have issued suspension notice to UP Chief Secretary, the Cane Commissioner and Principal Secretary (Sugar) that they will not start cane crushing when it starts in November this year, unless the government implements the Rangarajan Committee\'s recommendations.

 

To know more on this click here


-- Sucheta Dalal