Page-2 of sugar industry
Union Cabinet approves Rs 6,000 crore interest-free loan to sugar mills
Union Cabinet approved an interest-free loan i.e. soft loan to the tune of 6,000 crore rupees to enable sugar mills pay arrears to farmers. Decision in this regard was taken by Union Cabinet meeting chaired by Prime Minister Narendra Modi ..
Month: Current Affairs - June, 2015
CCEA approved Rs 6,600 cr interest-free loans for sugar mills
The Cabinet Committee on Economic Affairs (CCEA) approved Rs 6,600 Crore interest-free loans to cash-starved sugar mills in order to make payments to cane farmers. The interest subvention will be 12%, which will be borne by the Sugar Development Fund. ..