India - CCEA may review sugar subsidy next week
The Indian government is expected to take a decision next week on continuing an incentive scheme for raw sugar production after the current marketing year through September 30, Financial Express reports. The Indian Sugar Mills Association requested the government to continue with the incentive scheme in 2014-15 so that the approved quantity of a total of 4 million mt of raw sugar can be exported. The food ministry has already circulated a note for the Cabinet Committee on Economic Affairs (CCEA) to "take a view regarding the continuity of the incentive scheme beyond the end of the current sugar season".