Review of the incentive towards marketing and promotion services for raw sugar production

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..... Review of the incentive towards marketing and promotion services for raw sugar production
News and Press Release
Dated:- 20-2-2015

The Cabinet Committee on Economic Affairs, chaired by t .....

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..... he Prime Minister Shri Narendra Modi, has approved the continuation of the incentive scheme for marketing and promotion services of raw sugar production during current sugar season 2014-15 (October-Se .....

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..... ptember) for a quantity of 14 lakh MT. As the quantity is fixed, settlement of claims will be prioritized on the basis of the date of export / deemed export as certified by concerned Customs and Excis .....

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..... e authorities. The CCEA further approved fixed uniform rate of ₹ 4000 per MT for 2014-15 sugar season. Other conditions will remain the same, as were last year except that in case of mills havi .....

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..... ng alcohol production capacities, the incentive would be available if they offer to supply ethanol to OMCs under the EBP upto 25 percent of their annual production level of alcohol. This will help su .....

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..... gar mills to clear the cane price dues of the farmers.
News - Press release - PIB .....

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