The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi, has approved the continuation of the incentive scheme for marketing and promotion services of raw sugar production during current sugar season 2014-15 (October-September) for a quantity of 14 lakh MT. As the quantity is fixed, settlement of claims will be prioritized on the basis of the date of export / deemed export as certified by concerned Customs and Excise authorities.

The CCEA further approved fixed uniform rate of ₹ 4000 per MT for 2014-15 sugar season. Other conditions will remain the same, as were last year except that in case of mills having alcohol production capacities, the incentive would be available if they offer to supply ethanol to OMCs under the EBP upto 25 percent of their annual production level of alcohol.

This will help sugar mills to clear the cane price dues of the farmers.

Incentive scheme for raw sugar marketing continued, with fixed rate and export-certified claim prioritisation and ethanol-supply condition. Continuation of the incentive scheme for marketing and promotion of raw sugar production is approved for the 2014-15 season with a fixed uniform rate, claims prioritised by export/deemed export certification by Customs and Excise, retention of prior year conditions, and eligibility for mills with alcohol capacity contingent on offering ethanol supply to OMCs under the blending programme.