Ad Here  
S V Raju – a ‘good’ true liberal Revive development banks... China invests in India Where a state respects its litterateurs… Solar thermal shines… Gas is the way forward WTO Meet: resolved to meet again Kinetic Karnataka Tihar, Puzhal not different from Parappana Agrahara Breaththrough in malaria control S Ramanathan – a versatile musician, musicologist Lalu’s envy, India’s pride The nuclear option Modi storms Silicon Valley TIAM turns a full cycle Wanted: a second airport for Chennai A think tank for Chennai Delhi is distant… The why of tax incentives The brown list of Venkitaramanan Remembering Indira Sivasailam... When nations steal growth from one another… PPP mode for upgrading Corporation Hospitals Tribute B H Kothari - a tribute Why land prices zoom in TN? Road development slows down The Gulf aviation boom Shanti and Sadhana through Music Scientists urged to take up farmer-oriented research The star of Spencers is no more EVM is tamper-proof Mersal magnified When online building permits work…. When TN politicians can emulate Kerala's Mu Sigma – is no more Don’t seem to feel the pulse… Noble nonagenarians... Rs.1600 crore paper board plant of TNPL Recognition to role of NBFCs.... Polls and promises Quality education through the PPP mode Moily’s bold thrust How Air-India loses customs... Tatas moving out of urea production... Sweeter prospects for sugar Sweet news for TN sugar mills Wise Presidents Music happens Telangana in top gear… Banning booze... Permanent secretariat for TN GIM Where is Rajaji? Boy, can you beat these? Editor's Notes Preserving for the future There was flood of milk. Reason: no milk commissioner! Small units prefers to remain small... ONGC at KG Basin L&T- the specialty of special purpose vehicles Tribute – UCAL Selvan… The rise and rise of KCP More Shakthi to Das’ elbow For whom the bell tolls? Vibrant Gujarat Demise of a media baron... Delhi is distant Protest masters... The Jan Dhan bonanza Funding the un-funded The Ports’ Pasha expands into Tamil Nadu Padma Bhushan for A Ramakrishna Online not in line with brick and mortar businesses... Welcome GST Engineering seats go abegging Computation of GDP – conundrums continue Insurance companies bleeding, yet no decision on increasing FDI limit! Return to king coal for urea... This scant respect for Law The ‘Jayanthi Tax.’ Put expensive assets created to use... Russi Mody – a tribute Convulsions in The Hindu When Ratan Tata visited SRM Auto components surge… Liberal imports idling indigenous capacities SoA @ 80 Cleaning Ganga – relocate tanneries and install electric crematoria A yen for wastage… Parliament in paralysis... For whom the MIDS bell tolls? A professional at the helm of IRDA... London, London Narayan More heat than light Adapt Vajpayee dinner diplomacy Intellectual of rare qualities Rahman at CIC Tribute – Manikam Ramaswami Diamond jubilee of Egmore Samskrt School Poor representation for Kerala and TN in Cabinet Why this malaise in medical education? CRS, a jewel among managers, is no more. GM Technology at last! Not just in-laws (and outlaws); they’ve renowned academics at the helm! Chennai and Kolkata miss opportunity to grow as Delhi and Mumbai No engine for this car Readers' Mail Pharma – overdose of copying Eternal support for capitalisation of PS banks Bihar elections - the Rajaji formula worked Fuel for thought Kudos to NDTV... Poor quality of university VCs A proud Madrasi Delhi Chalo... New IT products of Ramco in the pipeline… Strengthen the base... Measuring roof tops in terms of KW/MW TN-leverage strength of BHEL, NLC... Welcome focus on core competence Valli, they are more marginalised A C Muthiah – his munificent bequeaths to science He continues the focus on social amelioration Plummeting profits of PSBs Align crops to agro climate endowments… A more liberated TN… Marketing expert Balagopal is no more CIPET hqrs to stay at Guindy – for the present? He saved millions from starvation... Cement prices continue to rise… TGS- The king storyteller Airlines in India: cost and space Tribute – M V Murugappan The Swadeshi Trump An informal presentation - analytical, forward locking... Delhi returns to BJP No mega rail project for Tamil Nadu CII projects higher growth… Tax agriculture Welcome thrust on trade in Modi’s foreign visits... Fortune for Indian Airlines Quality silica from Neyveli Roaring Ro-Ro facility Fortune 500 review Haul over the coal Air Asia India will set new benchmarks for budget travel When small is no larger beautiful.. Waning interest in public discussions… Cutting the nose to spite the face Dr C Rangarajan returns to Chennai Inflation: are we emulating Argentina and Brazil? Medical costs hit the roof... Naidu’s return augurs well for Seemandhra No Maha Koottani in TN... Of course, Gujarat is vibrant A welcome initiative by the judiciary Building loyalty through the stomach to the lack of interest on the part of these to focus on original research. This despite the much lower costs of such research in India. The industry which thrived on the protection of a closed economy and the advantage of a vast domestic market, has failed to organise its evolution on healthy lines Maximising the micro pricing … TN accounts for the largest recruits by the IT sector A rich pool of talent not utilised…. Should we change the official year? IPL type auction for VCs? The ‘Ayyo-yes’ is no more A friendly business group Shaming of Tamils by Tamil farmers at Delhi Land reclamation from sea appears cheaper! …and of a popular trade leader A Grand Finale for SN’s MS centenary at the US… Contrarian cousins Which side are you, Montek? Lesson from Chandrababu Naidu When the President was rendered homeless… Shipping woes of Chennai companies Build close rapport with business leaders Kulandai was a giant TELANGANA at last…BUT Silver Years of Madras Musings Tatas moving out of urea production... IAS invades NDDB... IPL - no surprise this scam The few handicaps... Streamlining mandatory third party cover EEC at the National Media Centre Another Indian music maestro at the UN F C Kohli - his concerns all embracing Like Hinduism: many paths to reach God... Secularism and anti-Hinduism Bihar – Nitish Kumar adopts the Lalu model Modi and the lady Towards speedy justice Odisha: spectacular win by Naveen Patnaik An inexplicable neglect The power-full Hindujas Godspeed, Chief Minister JJ L&T: focus on infrastructure and more infrastructure… Come elections, come advertisements... Muffled voices for merit… Things happen by accident and not by design... GNS - 100: our first subscriber Reliance’s TV – 18 ready to launch Tamil News Channel Varuna (rain) in 2015; Vaayu (air) in 2016. Chennai devastated Adharma of opposition politics MHC should not return to its old indisciplined ways The balancing act Welcome changes that testify to Jayalalithaa’s return to health TN – agglomerate land holdings without alienating ownership A Grand Finale for SN’s MS centenary at the US… Colour-Chem’s colourful KRVS Paytm karo... Five star activism stalls development activity Increasing non co-operation of state leaders More Shakti to resource mobilisation... Sri Lanka votes for change West Bengal: mindless malignancy Gay abandon in pricing Revving up the manufacturing sector Whistle-Stop Tour of Raghuram Rajan The sea- saw battle continues... Tough task taking states together Robber barons everywhere Solar, solar everywhere … The rise and fall of Annamalai University Excel Generators provide the vital back-up PC’s preference for professionals Fall in crude prices help in oil sector reform Naidu will soon build a new Hyderabad Nuclear power at the nucleus Making ‘my Amaravati’... Shale gas and its shallow future An enemy’s enemy is a friend All eyes on Sankara Nethralaya Limit foreign borrowings to hi-tech, export potential projects... Discoms deserve better… More tributes to GR Editor's Says Multi-faceted Venkat Alexa – Talking Wikipedia Make standards certification mandatory... R Sridhar steps down as CEO of Shriram Capital Infrastructure funding – lessons learnt A glass full of corruption CSR and CMI: promise of another Srinivasan Ramanujan... Focus on quality of power - its only around 170-180V
Sweeter prospects for sugar

The sugar industry is suffering a rapid decline in Tamil Nadu. The insistence of the state government on sugar mills to adhere to state-advised cane prices keeps the industry at a severe disadvantage when most other states have agreed to the fair and remuneration price determined by the Centre. Sugar mills in the state have taken the matter to court. The poor performance of the industry over the last couple of years, combined with the difference between the state-advised price and the price offered by the sugar mills has resulted in cane growers’ discontent.  The arrears are estimated around Rs 2000 crore.

Palani G. Periasamy (PGP), President of the South Indian Sugar Mills’ Association (SISMA), points to sugar mills in the state incurring revenue losses of more than Rs 1300 crore in Tamil Nadu over the last three seasons.

The SISMA President talks about the steep decline in the sugar industry in the state: “Tamil Nadu was in the third position in respect of sugarcane production until a few years ago, but it is now relegated to the sixth position. Production of sugar in the state has declined from the peak of 25 lakh tonnes to just 12 lakh tonnes.

PGP referred to the massive employment and regular benefits extended by sugar industry to the rural population. “Right from cane cultivation to cutting cane, transportation, maintenance of vehicles, jobs in the mills and in moving the products out, the sugar industry has been a provider of employment on a significant scale and it contributes to rural prosperity.  People enjoy better incomes, better amenities and improved standards of living. No other industry has such direct impact on the rural economy as the sugar industry,” said PGP.

He also pointed to the Rangarajan Committee that came out with a rational formula protecting the interests of the cane growers and the industry. “It would safeguard the interests of all concerned to implement this sensible policy.” With higher consumer price of sugar and with better monsoon, the prospects for the coming season appear to be bright. PGP expects a 10-15 per cent growth in cane cultivation through the current year.

Author :
Reported On :
Sector :
Shoulder :
IE, the business magazine from south was launched in 1968 and pioneered business journalism in south. Through the 45 years IE has been focusing on well-presented and well-researched articles. When giants in the industry stumbled to keep pace with the digital revolution, IE stayed affixed embracing technology.
Read more
Economist Communications Ltd is committed to ensuring that your privacy is protected.
Read more
You agree that your use of this Website and the purchase of the magazine will be governed by these terms and conditions.
Read more
S-15, Industrial Estate,
Chennai - 600 032.
PHONE: +91 44 22501236