-The Hindu Business Line Worried that mounting sugarcane arrears may hit its electoral prospects in politically-important States of Uttar Pradesh and Maharashtra, the Centre on Thursday decided to hike minimum selling price (MSP) of sugar by Rs.2 per kg to Rs.31. “We have increased the minimum selling price of sugar from ?29 per kg to ?31 per kg. This will help sugar mills to pay dues to cane farmers,” Food and Public...

-PTI NEW DELHI: The Delhi government is considering a nearly threefold-hike in the margin money for ration dealers from existing Rs 70 to Rs 200 per quintal, besides paying arrears to them. Food and civil supplies minister Imran Hussain on Saturday said the matter is under active consideration of the government. "A proposal in this regard will be placed before the cabinet at the earliest for trebling the margin money," Hussain said...

-The Indian Express Mushrif said that his mill, like many others, had no other option. The Sugar Commissioner of Maharashtra, Shekhar Gaikwad, had issued orders on January 29 for the attachment of properties of 39 mills across the state for non-payment of FRP to farmers. Pune: With payment arrears to cane growers during the current crushing season that started last October at over Rs 4,800 crore already, cash-strapped sugar mills in...

-The Indian Express Farmers protested violently over the weekend in support of their demand for a one-time payment of the fair and remunerative price. Ballooning cane dues could become a major issue as LS polls near. Pune: Sugarcane farmers in western Maharashtra Monday called off their violent four-day-old agitation, giving sugar mill owners and the government two weeks to find the money to pay them their full dues. The agreement was...

-TheWire.in The national auditor believes that such methods allow the Centre to understate the true fiscal and revenue deficits in a given year. New Delhi: India’s national auditor has raised red flags over the Narendra Modi government’s propensity to borrow funds using “off-budget” methods, a practice that allows it to finance capital and revenue spending while maintaining deficit targets. The criticism comes from an audit report tabled in parliament on Tuesday, but is...