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

By Sugar Times Team

29 October 2021

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 Team

http://sugartimes.co.in

Published: 29 October 2021

Covering India's sugar & bio-energy industry — market news, policy updates, and agricultural intelligence for the industry.

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