Kolhapur Sugar News Today

The Indian government has increased vigilance on agricultural commodity companies and traders to control food prices ahead of the general election. The government has penalised nearly 80 sugar firms for selling more than their quota, asked wheat companies to disclose their stock during the harvest season, and directed rice exporters to pay export duty even on freight charges to discourage exports.

It was alleged that the mill received funds through subscription of shares from various entities, including Rajat Consumer Services and Mount Capital, which have been struck-off by the ROC.