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HomeSugar Industry NewsCabinet nods to UP Molasses Policy for the year 2021-22

Cabinet nods to UP Molasses Policy for the year 2021-22

The state government has declared molasses policy for the molasses year 2021-22. The cabinet approved the proposal brought in this regard by the Excise Department.

According to this proposal, sugar mills of the state will have to reserve 18 percent of their total molasses production for distilleries producing country liquor. This reserved molasses is made available to these distilleries at reduced rates fixed by the government. The remaining molasses is sold by sugar mills in the open market at expensive rates. Read policy in detail from here-

The state government has declared molasses policy for the molasses year 2021-22. The cabinet approved the proposal brought in this regard by the Excise Department.

According to this proposal, sugar mills of the state will have to reserve 18 percent of their total molasses production for distilleries producing country liquor. This reserved molasses is made available to these distilleries at reduced rates fixed by the government. The remaining molasses is sold by sugar mills in the open market at expensive rates. Read policy in detail from here-

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Sugar Times Teamhttps://www.sugartimes.co.in
The Sugar Times Editorial Team is a group of experienced journalists, analysts, and industry experts dedicated to providing in-depth coverage and insights on the global sugar industry. With years of experience in agriculture, trade, sustainability, and market trends, the team brings a wealth of knowledge and expertise to every article they produce.Focused on delivering accurate, timely, and relevant news, the Sugar Times Editorial Team aims to keep industry professionals, stakeholders, and enthusiasts informed on key developments in sugar production, trade policies, innovations, and sustainable practices. Their collective goal is to help readers navigate the complexities of the sugar sector and stay ahead of emerging trends shaping the future of the industry.You may submit your article on info@sugartimes.co.in if you have valuable contributions for the industry readers.
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