ethanol

At present, the sugarcane area and sugarcane output is estimated at 2.85 million hec­tares and 235 mt respectively

Farmers transport sugarcane to a sugar factory in Maharashtra.

The jump in sugar prices has already worsened the impact of inflation in the UK with shoppers paying more for baked goods, sweets and fizzy drinks

The modernisation of sugar mills in the last six years has transformed them into "integrated sugar complexes," Uttar Pradesh Chief Minister Yogi Adityanath said on Friday.
Addressing an event on the occasion of 120 years of the sugar industry in the state, he said sugar in the state today is being produced on the same premises where there is an oxygen plant and an ethanol plant.
"UP's sugar mills which are the largest producer of sugarcane and sugar in the country, are now being recognised as a source of 'green energy' with adoption of the policies of the Prime Minister and production of ethanol in large quantities," he said.
The first sugar mill in the state was established in Deoria.
The chief minister said that the way in the last few decades sugar mills were closing down farmers were desperate and were forced to migrate, till 2017, when the trend was reversed.
"In the last six years, a sum of Rs 1 lakh 97 thousand crore was paid to the sugarcane farmers through DBT (Direct Ben

chart

The sugar and ethanol producer owes nearly Rs 4,800 crore to banks

sugar

Cane arrears top Rs 14,000 crore for current 2019-20 season

sugarcane

Bulk of cane outstanding on Bajaj Hindusthan, Modi, Simbhaoli groups

Sugar export contracts worth 2 MT firmed up by domestic mills

sugar mill, mills, industry, farm produce, FCI, sugar

Sugar mills in India have done deals to export 2 million tonnes in the new season that began on Oct. 1, 2019

Sugar mills have signed contracts for 1.5 MT of exports to Iran, Africa, etc

sugar, sugar production, sugar output

Private millers lament industry subsidising Rs 350 crore to liquor manufacturers

Sugar, sugarcane

UP sugar mills have long been demanding the state government to abolish the system of reserving molasses for distilleries

sugar production

Sugar mills baulked down by farmers' dues of Rs 10,000 crore

Sugarcane

The Adityanath govt has reversed Akhilesh Yadav cabinet's decision to waive off interest payment by defaulting sugar mills in three successive crushing seasons during 2012-15

From the 2018-19 sugarcane season starting October, the Centre not only increased the base recovery rate from 9.5 to 10 per cent, but also raised the premium extra yield in sugar from Rs 2.68 per quintal to Rs 2.75 a quintal

FIRs lodged against top sugar millers over non-payment of farmers' dues

Leading sugar mills told their assets will be seized if they fail to settle farmers' arrears for the 2017-18 crushing season.

UP sugar mills, cane farmers, Uttar Pradesh government, UP , gur, Jaggery, Khandsari, sugar mills, Yogi Adityanath government , sugar farmers, sugar cultivation, sugar factory,

Belying expectations of a token hike in the sale price (set by the state) of sugarcane in an election year, the Uttar Pradesh government has decided to keep the rate unchanged for this 2018-19 season (which officially began October 1 and runs till end-September 2019).The 'State Advised Price' (SAP) for the common variety of cane in UP, the country's top sugar producer, stays Rs 315 a quintal. Farmer groups in UP had demanded Rs 400 a qtl, pointing to rises in input costs, such as of diesel, labourers' wages, fertiliser and so on. However, private sugar mills (94 in all) had reiterated their inability to pay growers at even the existing SAP. With the prevailing low sugar prices and depressed market outlook, any rise would only mean further accumulation of payment arrears, they had warned.Sugar companies have for several years been asking that the government-set price for cane be linked to the retail sugar price. The UP government has not taken a stand on this, although it had earlier .

No crushing next season if Rs 100 bn debt isn't settled: UP sugar mills

Millers write to Yogi govt, cite precarious financial position due to massive arrears of previous crushing season

So far, the state's cane farmers have been paid Rs 1,511 cr by mills for their crop

Indovative Products, a Delhi-based start-up that manufactures currency packaging products, submitted its bids but was rejected on the technical ground that it lacked "past experience"

Bank Note Paper Mill

Discount brokers have sustained the rise of the equity cult and gained market share. Now the old guard looks to strike back

Industry players say the number of demat accounts will continue to grow. However, the pace of addition may moderate.

markets, demat account

Half of India's population between the age of 30-55 years believes 59 years should be the age of retirement and thirty-two years is when one should ideally start retirement planning,

investment,saving, money, retirement, rupee

He pointed out that the year-on-year growth in September appeared somewhat "muted", primarily attributed to the substantial base effect

Auto sales continue to slide in Dec, likely to remain subdued for some time

Stock market holiday: After Mahatma Gandhi Jayanti on October 2, the market will be closed on October 24, Tuesday, for Dussehra

Stock market, NSE

Priced at $159.95, the Fitbit Charge 6 is available for pre-orders in 30 countries. It is likely to arrive in India either late this year or early next year

Fitbit, Fitbit Charge 6, Fitbit fitness watch, fitness band, smart watch, Google fitness band

Brent futures touched their highest since November 2022 on Thursday, hitting an intra-day peak of $97.69 a barrel. Meanwhile, WTI hit highest intra-day price since August last year at $95.03 barrel

oil, crude, petroleum, crude oil, oil barrels

Shailesh-Singla-Oracle

In the same period in FY23, the deficit was 32.6 per cent of the full-year target

Fiscal Deficit

Shares of MCX, after dropping as much as 8.7 per cent to Rs 1,913, recouped most of its losses to finish at Rs 2,053, down 2.1 per cent over its previous day's close

MCX, Multi Commodities Exchange

The incidents of Left Wing Extremism (LWE) have declined by 52 per cent in Chhattisgarh in the last five years and 589 villages have been freed from clutches of the menace, the state government said on Monday.
The Chhattisgarh government's statement came a day ahead of Prime Minister Narendra Modi's visit to Jagdalpur, the headquarters of Bastar district, one of the seven districts in the Naxal-affected Bastar division.
The release said the state government under the leadership of Chief Minister Bhupesh Baghel has been working with the idea of 'Gadhbo Nava Chhattisgarh' (creating a new Chhattisgarh) and marching ahead with a three-pronged strategy of trust, security and development.
The basic policing of the state has succeeded in winning the public's trust and the state government's zero tolerance policy has resulted in curbing incidents of crime, it said.
There has been a 52 per cent decline in incidents of Naxal violence from 2018 to 2022, the release said.
As many as 314 schoo

army, naxal, Chhattisgarh, bastar, security forces

Cotton, PV-dyed yarn and ready-to-stitch fabric producer Sangam India expects to achieve a revenue of around Rs 4,000 crore by 2024-25, following capacity expansion at its seven production units in Bhilwara in Rajasthan, a top company executive has said.
"We recorded Rs 2,730 crore revenue in FY23, and this financial year we are expecting to touch Rs 3,000 crore. With our capacity expansion in various product categories, we are targeting close to Rs 4,000 crore revenue by 2024-25," Sangam India Managing Director and CEO S N Modani told PTI over phone.
However, in this financial year the company's profit will be impacted as the market is under pressure following global economic conditions, he added.
The long-term debt of the company, which employs over 1,200 people, is Rs 600 crore.
The company has seven production units in Bhilwara with over 2,36,000 spindles and 3,000 rotors. It manufactures 35 million metres of PV (polyester viscose) fabric and 48 million metres of denim fabric .

cotton yarn, cotton, textile, clothes

The Delhi government's control centre to monitor air pollution and redress complaints -- 'Green War Room' -- will start functioning round-the-clock from October 3, officials said on Monday.
Launched in 2020, the Green War Room has state-of-the-art air quality monitoring equipment and a team of experts, including scientists and data analysts, which keeps an eye on all sources contributing to Delhi's air pollution and helps the city administration implement its action plan.
Though the Green War Room functions round-the-year, the 24X7 monitoring will start Tuesday onwards, an official said.
The Delhi government on Friday launched a 15-point action plan to mitigate air pollution in the capital during the winter season, with a strong emphasis on addressing dust pollution, vehicular emissions and the open burning of garbage.
During a press conference, Chief Minister Arvind Kejriwal announced that separate and specific action plans have been designed for each of the 13 air pollution hotsp

A view of Rajpath road engulfed in haze, in New Delhi (Photo: PTI)

India Gate, Delhi pollution

Uttar Pradesh Chief Minister Yogi Adityanath said Mahatma Gandhi's message of non-violence is the biggest strength of democracy as he paid tribute to the 'Father of the Nation' on his birth anniversary here on Monday.
Adityanath paid floral tributes to the statue of Mahatma Gandhi at Town Hall and former prime minister Lal Bahadur Shastri's statue at Shastri Chowk on the occasion of their birth anniversaries.  During a visit to Gandhi Ashram in Golghar, he spoke to people engaged in yarn spinning there, and also bought some Khadi clothes.
The chief minister said Gandhi showed the strength of non-violence to the world, and described it as the biggest strength of democracy.
"Bapu showed the path of truth and non-violence to the world. We can win over the biggest powers of the world by following democratic principles. Following swadeshi', truth and non-violence, Mahatma Gandhi forced the autocratic British regime to leave the country," he said.
The chief minister said that the ...

Uttar Pradesh Chief Minister Yogi Adityanath

Yogi Adityanath

Madhya Pradesh Chief Minister Shivraj Singh Chouhan has asserted that he has changed the definition of politics in the state and in an emotional address to women, referring to them as his sisters, said they will miss him when he is not around.
He was addressing a gathering at Ladkui in his Budhni assembly seat in Sehore district on Sunday.
The state assembly polls are due this year-end.
I have changed the definition of politics in Madhya PradeshYou have seen the Congress rule for years. Have you ever seen them caring about the public? the CM said.
Addressing women present in the gathering, he said, My sisters, you will not find a brother like me, you will miss me when I am not around."
CM Chouhan, during some of his recent speeches, became emotional while addressing the people.
In August, he announced a hike in the financial aid given to women in the Ladli Behna scheme from Rs 1,000 to Rs 1,250 per month and also announced 35 per cent reservation for them in government jobs.
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UP sugar production

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State Bank of India moves NCLT to recover dues from Bajaj Hindusthan Sugar

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UP to put pressure on sugar mills to clear arrears of Rs 2,000 crore

Sugar production falls 35% to 4.5 million tonnes due to delayed crushing

Indian sugar industry poised to export 5 mn tonne, likely to set new record

Floods, polls in Maharashtra pull down sugar production by 50% to 1.9 MT

UP sugar mills demand abolition of molasses quota for distilleries

UP increases molasses quota for distilleries; sugar mills disappointed

Uttar Pradesh sugar production dips marginally to 11.8 million tonnes

Sugar mills will have to pay interest to farmers, says UP government

Sugar crisis: UP CM Yogi flags private mills for outstanding of Rs 1,200 cr

UP cracks the whip on private mills for not paying sugarcane farmers

UP govt decides not to raise cane price; SAP stays at Rs 315 a quintal

No crushing next season if Rs 100 bn debt isn't settled: UP sugar mills

UP sugar output nears 1 million tonne mark already