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माननीय प्रधानमंत्री ने राष्ट्र की स्वतंत्रता के 75 वर्ष पूर्ण हो जाने पर वर्ष 2022 तक सभी के लिए आवास की परिकल्पना की है। इस उद्येश्य की प्राप्ति के लिए केन्द्र सरकार ने एंक व्यापक मिशन "2022 तक सबके लिए आवास" शुरू किया है। 25 जून 2015 को प्रधानमंत्री श्री नरेन्द्र मोदी ने इस बहुप्रतीक्षित योजना को प्रधानमंत्री आवास योजना के नाम से प्रारम्भ किया है।
Hon’ble Prime Minister envisioned housing for All by 2022 when the Nation completes 75 years of its Independence. In order to achieve this objective, Central Government has launched a comprehensive mission “Housing for All by 2022”. This much awaited scheme has been launched by the Prime Minister of India, Sh. Narendra Modi on 25th June, 2015 as Pradhan Mantri Awas Yojana.

2019-03-01

To facilitate clearing arrears of sugarcane farmers for 2018-19, Cabinet approves soft loans worth 7900-10,540 crore to sugar mills

Ministry of Consumer Affairs, Food & Public Distribution

To facilitate clearing arrears of sugarcane farmers for 2018-19, Cabinet approves soft loans worth 7900-10,540 crore to sugar mills 

Interest subvention cost @ 7-10% to the extent of Rs. 553-1054 crore for one year to be borne by the Centre

Government mandates Banks to get list of farmers from sugar mills for direct account transfer of dues

Posted On: 01 MAR 2019 4:24PM by PIB Delhi

In a major decision to improve liquidity position of sugar mills and to help the sugar industry clear its cane dues arrears to farmers, the Cabinet Committee on Economic Affairs (CCEA) chaired by the Prime Minister, Shri Narendra Modi has approved the proposal to provide soft loans to the extent of Rs. 7900-10540 crore to the sugar industry. Government will bear the interest subvention cost @ 7 - 10% to the extent of Rs. 553 crore to Rs 1054 crore for one year.

To ensure that farmers are paid their dues expeditiously, the Government has mandated that banks will obtain from the sugar mill, the list of farmers with bank account details to the extent cane dues are to be paid, so that the same are directly paid into the accounts of the farmers on behalf of the sugar mills. Subsequent balance if any, will then be credited into the mill’s account.

Furthermore, in order to incentivize the mills to clear their dues, CCEA has also decided that the approved soft loans will be provided to those units which have already cleared at least 25 percent of their outstanding dues in the sugar season 2018-19.

Surplus sugar production over domestic consumption requirement during the last sugar season 2017-18 (October, 2017 to September, 2018) has adversely affected the liquidity position of the sugar mills resulting in building up of cane price arrears of farmers which reached to an alarming level of Rs 23232 crores in May, 2018. To mitigate the situation and protect the livelihoods of cane farmers, the Government, in fact, has taken several steps in the sugar season 2017-18 viz. fixed minimum selling price of white sugar to Rs.29/kg w.e.f 7.06.2018, allocated mill wise Minimum Indicative Export Quota (MIEQ) of 20 LMT, extending assistance to sugar mills @Rs.5.50/quintal to offset the cost of cane, created buffer stock of 30 LMT, fixed Remunerative Price of ethanol derived from C-heavy and B-heavy molasses as well as from sugarcane juice, etc. As a result of these measures cane price arrears for sugar season 2017-18 which peaked to Rs 23232 crore at the end of May, 2018, has been reduced considerably to Rs 1291 crore, as on 28.02.2019.

Surplus production is also estimated in the current sugar season 2018-19 which has affected the liquidity position of sugar mills resulting in building up of cane price arrears of farmers which has reached to the level of Rs. 20159 crore as on 22.02.2019. In order to improve to liquidity of sugar mills to enable them to clear cane dues of farmers, the Government has increased minimum selling price of white sugar from Rs.29/kg to Rs.31/kg with effect from 14.02.2019, allocated mill wise Minimum Indicative Export Quota (MIEQ) of 50 LMT, extending assistance to sugar mills @ Rs.13.88/ quintal for sugar season and extending assistance for defraying expenditure towards internal transport, freight, handling and other charges to facilitate export of sugar. Further, with a view to liquidate cane price dues of sugarcane farmers, the Central Government has now decided to extend soft loans of about Rs 7900-10540 crore to sugar mills through banks to facilitate payment of cane dues of the farmers for the current sugar season 2018-19 for which Government would bear interest subvention of about Rs 553 crore to Rs 1054 crore for one year.

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Source : PIB

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