The Maharashtra Sugar Commissionerate has issued orders under the Revenue Recovery Certificate ( RRC) code to 3 mills that failed to make fair and remunerative price (FRP) dues to farmers till March 15, 2019.
The Bhavantar Bhugtan Yojana (BBY) — a novel scheme launched by the Madhya Pradesh government for kharif crops last year, compensates farmers registered under it if their selling price is lower than the official MSP.
Sula Vineyards, the country’s largest wine producer, has begun the export of its wines to China. The Nashik-based company enjoys a 65% market share in India and exports to 30 countries across Asia, Europe and North America.
The government is encouraging swadeshi, organic, traditional and modern methods of farming. This would help farmers improve the export quantity, tap new markets, develop a strong framework to tackle challenges related to sani
Despite the Centre’s recent announcement of a `2 per kg hike in the minimum support price (MSP) of sugar to `31 per kg, several millers in Maharashtra are reported to be selling it below the MSP due to lack of demand in the
Grape exporters in the country are in a tight spot in the middle of the season with Russia and Sri Lanka demanding pest-free area certificates. According to exporters, containers from India are lying uncleared for the past co
The threat of action by the Maharashtra sugar commissionerate to seize sugar stocks from factories has resulted in millers loosening their purse strings and releasing nearly Rs 2,000 crore in fair and remunerative price (FRP)
After the Centre raised sugar’s minimum floor price (MFP) to Rs 3,100 per quintal from Rs 2,900/quintal, the Maharashtra State Cooperative (MSC) Bank — the apex cooperative bank in the state — has increased valuations f
Cotton procurement by the Cotton Corporation of India (CCI) has crossed 8.5 lakh bales in the ongoing 2018-19 cotton season as prices remained below the minimum support prices (MSP) due to weak global prices and low exports.
Retail sales by mills also did not take off as expected and several mills did not show interest in establishing retail outlets outside factory gates pointing out that this would mean added expense on their balance sheets.
According to senior market committee officials, who do not wish to be identified, the government initially announced procurement from January 15, then pushed it to January 20 and now the procurement date has been set to Febru
The Maharashtra State Cooperative Sugar Factories Federation (MSCSFF), however, is not willing to take this route. Jayprakash Dandegaonkar, chairman, MSCSFF, told FE that while millers were willing to give sugar to farmers in
The Maharashtra Sugar Commissionerate has served notices under the Revenue Recovery Certificate (RRC) to 39 sugar mills in the state to confiscate their sugar stocks because of making less than 25% of the FRP payment to farme