UP mills hope that ending molasses quotas at well below production cost will help shore up losses.
The financially stressed milling sector of India’s largest sugar producing state, Uttar Pradesh has urged the government to abolish molasses quotas for distilleries that use the commodity to manufacture country liquor. The mills argue that quotas impact their cash flows and reduce the availability of mo-lasses for ethanol production. The request for abolishing molasses quotas
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