TNPSC Thervupettagam

Centre de-licenses sugar industry

August 5 , 2021 1136 days 742 0
  • The Union Government has de-licensed the sugar industry to encourage the setting up of new sugar mills in the country.
  • This was informed by Consumer Affairs and Food and Public Distribution Minister Piyush Goyal.
  • Government is encouraging sugar mills to divert excess sugarcane to ethanol blended with petrol a long-term measure to deal with the problem of excess sugar.
  • This will not only serve as a green fuel but also save foreign exchange on account of crude oil import.

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