date:Dec 06, 2013
fan Uhlenbrock of F.O. Licht, said the current climate of weak sugar prices would squeeze mills' margins.
Mills will amass losses in this season in India and cane payment arrears will pile up, he said.
A committee headed by Farm Minister Sharad Pawar and comprising food, finance and oil ministers is expected to meet on Friday to decide financial assistance to sugar mills.
Some analysts expect the government to provide a transport subsidy to the mills, but say any support was likely to be too