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Union Government slashes export subsidy on sugar

Union Government slashes export subsidy on sugar ROZANA SPOKESMAN Updated Dec 19, 2020, 4:46 pm IST Union Government has drastically slashed the export subsidy on Sugar from Rs 10.44 per Kg to Rs 6 per Kg i.e. reduction by Rs 4.44.  Sukhjinder Singh Randhawa Chandigarh: In yet another anti farmer decisions, the Union Government has drastically slashed the export subsidy on Sugar from Rs 10.44 per Kg to Rs 6 per Kg i.e. reduction by Rs 4.44. The move by the Centre would cause losses to the tune of Rs 2768 crore to the sugarcane cultivators and sugar mills. The export subsidy for the year 2020-21 has been reduced to Rs 6 per Kg whereas during 2019-20 it stood at Rs 10.44 per Kg.

Managing Paddy Stubble: Green signal to IOCL s biogas plant, will use 300 tonnes paddy straw per day

In Punjab, stubble burning takes place every year in 17-18 lakh hectares. To help manage paddy stubble, the Punjab Cabinet Thursday gave in-principle approval to Indian Oil Corporation Ltd (IOCL) for setting up a compressed biogas (CBG) plant at the site of closed cooperative sugar mills at Rakhra in Patiala. The plant, to be developed in collaboration with Sugarfed, will use paddy straw to produce biogas thereby checking the menace of paddy stubble burning. It will also nurture soil fertility through organic manure production. The decision was taken at a virtual Cabinet meeting chaired by Chief Minister Capt Amarinder Singh.

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