President gives assent to The Sugar Cess (Amendment) Bill, 2015

850735121-Sugar_6President Pranab Mukherjee has given his assent to the Sugar Cess (Amendment) Bill, 2015, raising the ceiling of the impost from Rs 25 to Rs 200 per quintal, a measure that will help sugarcane growers and cash-starved mills.

Presidential assent to the bill, which will help the government meet its expenditure on interventions to ensure payment of dues to the sugarcane farmers, was granted on January 8, official sources said on Tuesday.

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