Govt notifies scheme to make cooperative sugar mills loan eligible

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Govt notifies scheme to make cooperative sugar mills loan eligible - Business Standard

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It will also further strengthen the ethanol blending program by enabling cooperative sugar factories to produce ethanol from grains and corn, in addition to molasses.

In a move to enhance the economic viability of cooperative sugar mills and boost ethanol production, the Centre has notified a scheme allowing them to access subsidised loans for converting existing sugarcane-based ethanol distilleries into dual-feed units. The scheme, notified on Friday, is expected to benefit nearly 63 co-operative sugar mills with attached distilleries.