India govt moots cess on sugar, subsidy for cane farmers.

Imposition of a cess on sugarNSE 0.00 %, a production subsidy to sugarcane farmers and reducing goods and services tax on ethanol are some of the suggestions put forward by a group of ministers headed by Nitin Gadkari that is looking into the rising sugarcane arrears. The meeting was attended by food minister Ram Vilas Paswan and petroleum minister Dharmendra Pradhan. The food ministry will soon prepare a draft cabinet note on the sugar crisis. These suggestions will be circulated to various ministries before being presented to the cabinet.