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HomeSugar Industry NewsCo-op sugar mills: NCP sees ED action as vendetta

Co-op sugar mills: NCP sees ED action as vendetta

The Enforcement Department (ED)’s further investigation of the Jarandeshwar Sugar Mill case in Maharashtra’s Satara district found that 41 other cooperative sugar mills in the state were also sold at heavily reduced prices, reports India Today.

The mills were allegedly sold by the Maharashtra government and Maharashtra State Cooperative Bank between 2008-2014 for a value of Rs 5 crore to Rs 65 crore each.

However, Shiv Sena says the ED’s action is aimed at the people who were responsible for forming the Maha Vikas Aghadi (MVA) government in Maharashtra including Maharashtra deputy chief minister Ajit Pawar.

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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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