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42 Sugar mills receive soft loans worth Rs 689 crore ...

42 Sugar mills in Maharashtra got big respite after State Cooperative Bank agreed to approve the soft loan to them. Banks have sanctioned a loan of Rs 689 crore 2 lakh 79 thousand to 42 sugar mills.

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Bank Loan Fraud: Probe Agency Attaches Rs 110 Crore Assets ...

Probe Agency Attaches Rs 110 Crore Assets Of Sugar Company In Fraud Case The total value of assets under the latest attachment order is Rs 109.8 crore, the Enforcement Directorate said in .

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Rs 6000-crore soft loans for sugar mills - YouTube

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Centre Approves up to Rs 10,540 crore Soft Loan to Sugar ...

The Cabinet Committee on Economic Affairs (CCEA) chaired by the Prime Minister Narendra Modi on 28th February approved a soft loan of up to Rs 10,540 crore for the sugar industry to help mills clear the increasing arrears to cane farmers.

In a bid to help cane farmers, Centre extends loan ...

Under the scheme, soft loans worth an estimated Rs 10,500 crore were extended to the sugar industry for one year, with the government bearing 7% of the total interest burden.

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Former Maharashtra Minister's Sugar Mill Seized For Rs 383 ...

Former Maharashtra Minister's Sugar Mill Seized For Rs 383 Crore Dues ... loan dues. The BJP leader's Saikrupa Sugar and Allied Industries mill in Shrigonda tehsil of Ahmednagar district had a ...

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Meghna bags $82m foreign loan for sugar plant | The Daily Star

Meghna Sugar Refinery Ltd, a sister concern of Meghna Group of Industries, has managed an $82 million loan or around Tk 688 crore from a consortium of foreign financial institutions to establish a ...

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Govt unveils sugar bailout package, MSP fixed at Rs29/kg

The sugar bailout package includes a Rs4,500 crore soft loan for building ethanol production capacity and creating a 3 million tonne stockpile to soak up excess supply.

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Govt to give extra interest-free loan to sugar mills - The ...

Jun 23, 2014 · The Centre on Monday decided to provide additional interest-free loan of up to Rs. 4,400 crore to cash-starved sugar industry for paying cane arrears. In order to bail out sugar .

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Cabinet approves Rs 8,500 crore bailout package for sugar ...

Cabinet approves Rs 8,500 crore bailout package for sugar industry The Cabinet, headed by Prime Minister Narendra Modi, also approved a Rs 1,300 crore interest subversion on the loan to be provided for creating new ethanol production capacity as also expanding the existing one, sources said.

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Cabinet mulls Rs 6,000 crore more in soft loans to sugar ...

Read more about Cabinet mulls Rs 6,000 crore more in soft loans to sugar mills on Business Standard. The total expenditure on the exchequer for the second set of interest subvention could be around Rs 1,300 crore

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Sugar stocks surge after govt approves Rs 10,540 crore ...

"To help the sugar industry clear its cane dues arrears, the Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister, on Thursday, approved the proposal to provide soft loans to the extent of about Rs 7,900-10,540 crore to the sugar industry," an official statement said.

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Cabinet approves soft loans worth 7900-10,540 crore to ...

New Delhi: To improve liquidity position of sugar mills and help the sugar industry to clear its cane dues arrears to farmers, the Cabinet Committee on Economic Affairs (CCEA) chaired by the Prime Minister, Narendra Modi has approved the proposal to provide soft loans to the extent of Rs. 7900-10540 crore to the sugar industry. Government will bear the interest subvention cost @ 7 - 10% to the ...

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Government mulls additional soft loan of Rs 7,400 crore to ...

Dec 23, 2018 · NEW DELHI: The government is considering an additional soft loan of Rs 7,400 crore to sugar mills for creating ethanol capacity under a recently launched scheme, according to sources. The food ministry is also considering tweaking the scheme to .

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Cabinet approves Rs 8,500 crore bailout package for sugar ...

Cabinet approves Rs 8,500 crore bailout package for sugar industry The Cabinet, headed by Prime Minister Narendra Modi, also approved a Rs 1,300 crore interest subversion on the loan to be provided for creating new ethanol production capacity as also expanding the existing one, sources said.

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Sugar tycoon arrested for Rs 88.5 crore bank fraud - DTNext

A sugar industry tycoon was arrested by the police for an alleged loan fraud amounting to Rs 88.5 crore on Wednesday. Chennai : R V Tyagarajan (68) is the chairman and managing director of Thiru Arooran Sugars Ltd; as well as the manging director of Shree Ambika Sugars Ltd.

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Govt approves up to Rs 10,540 crore soft loan to sugar ...

Mar 01, 2019 · The government Thursday announced a soft loan of up to Rs 10,540 crore to the sugar industry to help mills clear mounting arrears to cane growers, a .

Sugar Stocks Surge After Govt Approves Rs 10,540 Crore ...

Mar 01, 2019 · Sugar stocks surged up to 10 percent on Friday, building on Thursday's gains after the centre approved Rs 10,540 crore soft loans to help sugar mills clear cane arrears. CNBC-TV18 is .

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sugar industry: Cabinet approves Rs 8,500 crore bailout ...

Jun 06, 2018 · NEW DELHI: The Cabinet on Wednesday approved a Rs 8,500 crore bailout package for the sugar industry which includes Rs 4,500 crore soft loan .

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Maharashtra sugar mills still owe Rs 996 crore to farmers ...

Jul 05, 2019 · The Centre had announced a soft loan of up to `10,540 crore to the sugar industry to help mills clear mounting arrears to cane growers, a move that would cost exchequer up to `1,054 crore as ...

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Rs 1,850-crore Central loan: 60 sugar mills apply for NOC ...

Nearly 60 sugar mills in the state have obtained NOC from the Sugar Commissionerate to be eligible for the Rs 1,850-crore Central loan announced earlier this year. With the cane arrears in the state running at around Rs 3100 crore, it is expected that mills will start applying for the loan from this ...

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