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Sugaronline India Report

Sugaronline India Report Bailed out, or time to bail? By Prerna Sharma

12th June 2018

Award-winning analyst Prerna Sharma’s bi-weekly report looks at the latest activity in the Indian sugar & ethanol industries

Barely a week after losing the by-election in the sugar heartland of Kairana in Uttar Pradesh, the Modi government came out with a comprehensive package of INR85 billion (US$1.25 billion) to help the troubled sugar industry sitting on a huge pile of cane arrears amounting to INR220 billion. Despite the media hype over the announcements,

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