Financial Daily from THE HINDU group of publications
Friday, Oct 29, 2004
Financial Daily from THE HINDU group of publications Friday, Oct 29, 2004 |
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Agri-Biz & Commodities
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Sugar Government - Agricultural Policy Maharashtra sugar mills may get more time to complete FSQ Dhimant Bhatt
Mumbai , Oct. 28 THE Union Government is likely to give a 10-day extension to sugar mills in Maharashtra to complete their free-sale quota (FSQ). This is since the mills could not lift the allotted quota this month due to elections. "The Centre Government is in the process to permit 10 days' extension to those sugar mills that requested for unlifted quota," Mr Prakash Naiknavre, Managing Director of the Maharashtra State Co-operative Sugar Factories Federation, told Business Line. "About 30 per cent of the total free-sale quota allotted to the State has been not lifted. Nearly six sugar factories have approached (the Government) for extension and they have been permitted. About 20 sugar factories have requested for such extension so that they can sell their allotted quota till November 10," Mr Naiknavre said.
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