Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Warning (2): Cannot modify header information - headers already sent by (output started at /home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php:853) [CORE/src/Http/ResponseEmitter.php, line 148]
Warning (2): Cannot modify header information - headers already sent by (output started at /home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php:853) [CORE/src/Http/ResponseEmitter.php, line 181]
LATEST NEWS UPDATES | Punjab to recover Rs 223.75 cr from 7 private sugar mills -Ruchika M Khanna and Rajmeet Singh

Punjab to recover Rs 223.75 cr from 7 private sugar mills -Ruchika M Khanna and Rajmeet Singh

Share this article Share this article
published Published on Jul 15, 2020   modified Modified on Jul 16, 2020

-The Tribune

Subsidy given even when sugar rates soared after fall in 2015

Chandigarh: The Punjab Government today decided to recover Rs 223.75 crore from seven private sugar mills, most of them owned by politicians. This recovery is to be made as land revenue arrears for the largesse extended to them by the previous SAD-BJP government.

A subsidy of Rs 50 per quintal on the State Advised Price (SAP) of Rs 280-Rs 295 per quintal of sugarcane was extended not only to the seven private mills, but also the nine cooperative mills in the state in November 2015 as the sugar prices in the market plummeted to a record Rs 2,400 per quintal.

However, within months the sugar prices in the market rose to Rs 3,800-Rs 4,300 per quintal, but the then SAD-BJP government continued to give the cash assistance to the mills. The issue of this largesse to private mills owned by a former Congress minister, Akali leaders, the family of a deceased liquor baron and an adviser to the previous government was raised by The Tribune following which a committee was set up.

The committee concluded that the seven private sugar mills made a huge profit running into crores after the sugar prices zoomed in the market, while pointing out that the subsidy was required to be given only when the wholesale sugar prices varied between Rs 2,500 and Rs 3,000 per quintal.

Please click here to read more.

 


The Tribune, 15 July, 2020, https://www.tribuneindia.com/news/punjab/punjab-to-recover-rs-223-75-cr-from-7-private-sugar-mills-113451#.Xw_g7Mn4NTk.twitter


Related Articles

 

Write Comments

Your email address will not be published. Required fields are marked *

*

Video Archives

Archives

share on Facebook
Twitter
RSS
Feedback
Read Later

Contact Form

Please enter security code
      Close