Cabinet Approves Sugar Export Subsidy
  • Prabha Hedge
  • Feb 13 2014

February 13: The Cabinet has agreed to provide subsidy for export of four million tonnes of raw sugar.The move will benefit sugar millers in Maharashtra and Uttar Pradesh among other states and help them pay arrears to sugarcane farmers. Bloomberg TV India speaks to Abinash Verma, Director General, ISMA, to learn what may be the implications of the decision.