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Indian Sugar Output Down by 3.45 Per Cent
date:May 13, 2014
illion due to falling prices and the government's delay in fixing the subsidy for export of raw sugar. The arrears are 20 per cent of the total cane price payable in the current season.

Currently, cane arrears have crossed $1.66 billion the highest ever. With sugar prices again falling quite fast in the last fortnight, the chances of cane price arrears getting cleared early seems remote, the association said.

Sanction and disbursement of the interest free loans is also slow and only about 50 p

12/24 00:58