Cabinet defers decision on sops to mills for raw sugar production - min
NEW DELHI (Reuters) - The cabinet has deferred a decision on giving incentives to mills for raw sugar production, Food Minister K.V. Thomas said on Tuesday.
"We had preliminary discussions. There are some issues to be sorted out. We will take up this matter in the next meeting," Thomas told reporter after a cabinet meeting.
The cabinet is expected to meet again on Thursday.
Farm Minister Sharad Pawar earlier in the day said a decision on incentives for raw sugar production could be taken up at the cabinet meeting.
India, the world's second biggest producer after Brazil, has been working on an incentive package for raw sugar production as part of its strategy to arrest falling prices due to a glut of refined sugar in domestic markets.
(Reporting by Nigam Prustry and Mayank Bhardwaj; Editing by Nidhi Verma)
- Tweet this
- Share this
- Digg this
- UPDATE 2-U.S. House passes bill to avert govt shutdown, extend Export-Import bank
- IPhone emerges from "bygone era", reviewers hail bigger handset
- UPDATE 1-Apple to unveil new iPads, operating system on Oct. 21 - report
- Fed renews zero rate pledge, but hints at steeper rate hike path
- UPDATE 2-Bug delays Apple's HealthKit availability on iOS 8
The United States said on Wednesday it will press Prime Minister Narendra Modi to end his blockage of a global trade pact when he visits Washington this month, something that could dampen the mood of a trip aimed at revitalizing strategic ties. Full Article
China cenbank injects $81 bln into major banks to support economy - reports Full Article