Cabinet approves Rs 3,500 crore subsidy for sugar farmers

Cabinet Committee on Wednesday (December 16) approved Rs 3,500 crore subsidy for sugar farmers, said Union Minister Prakash Javadekar. At a press conference, he said 60 lakh tonnes of sugar will be exported during the ongoing marketing year 2020-21 as part of its efforts to help them clear outstanding dues to sugarcane farmers. Cabinet Committee on Economic Affairs has also approved a revised cost estimate of North Eastern Region Power System Improvement Project for six States for strengthening of the Intra-State Transmission & Distribution Systems.