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Saturday, September 5, 2009

Yes. The state government is solidly behind the state sugar industry. Whenever there is need, the helping hand is always available.
What is your estimate as to the total amount of loans taken by sugar cooperatives I sugar mills in the state from any PSU banks or cooperative banks in 2008-09?
During a typical crushing season, the total loan taken by the cooperative sugar mills in the state of Maharashtra is around Rs 10,000 - 12,000 cr.
What is the medium term outlook of the sugar industry?
Medium term is quite bullish because the fundamentals of 'less availability and more demand' seems to be continuing for some more time.

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