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National News

Mar 07, 2019
2:04PM

CCEA approves additional funds to Sugar Mills

PIB
The Cabinet Committee on Economic Affairs (CCEA) has approved additional funds to Sugar Mills amounting to two thousand 790 crore rupees.

The approval of interest subvention will help in improving the liquidity of sugar mills by way of value addition to their revenues from the supply of ethanol under ethanol blended petrol programme. 

This will also help in reducing sugar inventories and facilitate timely clearance of cane price dues of farmers.

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