date:Apr 10, 2013
en of levy sugar will give the industry an annual savings of Rs 3,000 crore, whereas abolition of regulated release mechanism will reduce inventories and ensure better cash flows.
He added, These much awaited reforms will reduce the cost of production and improve liquidity with millers which, in turn, will ensure better and timely payment of cane price to farmers as also assure better quality sugar, at reasonable prices on a sustained basis, to the consumers.
Verma pointed out, Abolition of re