Page 7 - NIS English 01-15 March,2023
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News Briefs



            WITH RECORD SUGARCANE                            CENTRE GIVES RS 58 CRORE INTEREST

         PRODUCTION, SUGAR INDUSTRY                          SUBSIDY UNDER THE PM SVANIDHI YOJANA.

                                                                o ensure that street
               BECOMES SELF-RELIANT                          Tvendors can easily
                                                             resume their business
           he Central Government's policies to make the country's   after  Covid-19,  the
        Tsugar  industry  self-reliant  are  impacting  not  only   Central  Government
        record sugarcane production but also rapidly increasing   established the Prime
        sugarcane  procurement,  sugar  exports,  and  ethanol   Minister's   Street
        production. Without any government subsidies, the sugar   Vendor   Self-Reliant
        industry has paid sugarcane farmers 99.98% in 2020-21   Fund (PM SVANidhi) on June 1, 2020. The government
        and more than 98% in 2021-22 sugar seasons. Although   has paid Rs 58.83 crore in interest subsidies and Rs
        international sugar prices are high, the country's average   25.70  crore  in  cashback  to  its  beneficiaries  up  to
        retail price of sugar remains "sweet" due to its stability.  January 20, 2023.
          More than 5000 lakh metric tonnes of sugarcane and   According to the answers given in the Lok Sabha,
        394 lakh metric tonnes of sugar were produced in the   an  amount  of  approximately  Rs  4,828  crore  has
        country between 2021 and 2022. 36 lakh metric tonnes   been  distributed  to  33.45  lakh  street  vendors  under
        of sugar were used to produce ethanol. Sugar mills have   this  scheme  till  January  31,  2023.  The  scheme  has
        received Rs 20,000 crore from ethanol sales this year,   now been extended until December 2024. In January
        and Rs 48,573 crore over the last three years. The target   2021,  an  umbrella  initiative  known  as  "Swanidhi  se
        of producing  ethanol from the remaining 45-50 lakh   Samridhi" was launched under this scheme with the
        metric tonnes of sugar during the 2022-23 sugar season   goal of creating an ecosystem to improve the standard
        has been increased to 60 lakh metric tonnes by 2025.   of  living  of  the  beneficiary  families  by  connecting
        This  will  improve  the  mills'  cash  flow  and  the  timely   currently running eight schemes of the government.
        payment of dues to sugarcane farmers.

                                                             "VISIT INDIA YEAR 2023 CAMPAIGN"

                                                             LAUNCHED, LOGO UNVEILED


                                                                                              nion    Tourism
                                                                                          Uand         Culture
                                                                                           Minister G.  Kishan
                                                                                           Reddy,    launched
                                                                                           the  Visit  India  Year
                                                                                           2023  campaign  and
        Ethanol production from residual sugar                                             unveiled its  logo on
                                                                                           January 31 to attract
        sugar season year  ethanol production from sugar                                   foreign    tourists
        2018-19            3.37 Lakh Tonnes                                                during  India's  G-20
        2019-20            9.26 lakh tonnes                  presidency. More than one lakh foreign delegates will
                                                             visit India this year and to promote tourism India is
        2020-21            22 lakh tonnes                    showing them monuments, festivals, and all aspects

        2021-22            36 lakh tonnes                    of Indian culture.
                                                               The lost charm of tourism has begun to return as
        This is how sugar exports are increasing             a  result  of the  Government  of India's  efforts  in  the
                                                             midst of the global pandemic. There were 15.2 lakh
        Sugar season year  export                            foreign tourists in 2021, which increased to 61.9 lakh
                                                             in 2022, representing a 305.4% increase. To promote
        2019-20            59.60 lakh tonnes                 tourism in the country, the government launched an
        2020-21            70 lakh tonnes                    e-Visa  facility  for  citizens  of  165  countries  in  five
                                                             subcategories, as well as a 24x7 multilingual tourism
        2021-22            109 lakh tonnes                   helpline.



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