Home India Ministry of Consumer Affairs, Food and Public Distribution The Central Government, with a view to facilitate payment of...
Date: 2019-06-03 Category: Extra Ordinary State: Union Government Country: India

The Central Government, with a view to facilitate payment of cane dues of the farmers for the current

Issued by Ministry of Consumer Affairs, Food and Public Distribution · Department of Food and Public Distribution

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Executive Summary & Key Takeaways

This notification, issued by the Ministry of Consumer Affairs, Food and Public Distribution, Department of Food and Public Distribution, amends a previous scheme designed to facilitate the payment of cane dues to farmers for the sugar season 2018-19. The original scheme, established via notification No. 142019-SPI dated March 2, 2019, and subsequently amended on March 13, 2019, involves extending soft loans to sugar mills. This current notification, dated June 3, 2019, specifically revises para 2x of the initial notification. The amended para 2x now states that all loans sanctioned by June 30, 2019, and disbursed by July 31, 2019, by lending banks, will be covered under the interest subvention scheme. The notification is issued by the Central Government and signed by Suresh Kumar Vashishth, Joint Secretary.

Key Entities Referenced

Ministry of Consumer Affairs, Food and Public Distribution: The Indian government ministry responsible for consumer protection, food security, and public distribution. Department of Food and Public Distribution: The department within the Ministry of Consumer Affairs, Food and Public Distribution responsible for policies related to food and public distribution in India. New Delhi: The location of the notification, New Delhi, Delhi. Central Government: The government of India. Scheme for extending soft loan to sugar mills: A government initiative to provide financial assistance to sugar mills. Suresh Kumar Vashishth: The Joint Secretary who signed the notification. 2018-19 Sugar Season: Refers to the sugar production year for which the soft loan scheme is applicable. The Gazette of India: The official journal of the government of India, publishing official rules and notifications.
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