<span style="color: #222222;">Food and Public Distribution Ministry has taken various measures for current sugar season 2019-20. Government is reimbursing carrying cost of one thousand 6 hundred 74 crore rupees towards maintenance of buffer stock of 40 Lakh tonnes of sugar.</span><br />'' <span style="color: #222222;">&nbsp;</span><br />'' <span style="color: #222222;">Besides assistance at 10 thousand 4 hundred 48 rupees per Tonne is being provided to sugar mills to meet expenses on export of 60 Lakh tonnes of sugar. The likely expenditure for it will be around 6 thousand 2 hundred 68 crore rupees.</span><br />'' <span style="color: #222222;">&nbsp;</span><br />'' <span style="color: #222222;">Soft loans of about 18 thousand 600 crore rupees are being extended through banks to 362 sugar mills and molasses-based standalone distilleries for enhancement and augmentation of ethanol production capacity. An interest subvention of about 4 thousand 45 crore rupees for five years is being borne by the Government for this.</span><br />'' &nbsp;
News On AIR | May 30, 2020 6:53 PM
Food & Public Distribution Ministry takes various measures for current sugar season