Govt. may sell cooperative sugar unit to private player

Cabinet discusses ways to sell the mill to a private party after floating tender

The government is considering handing over the Pondicherry Cooperative Sugar Mills in Lingareddy Palayam to a private player.

The Cabinet, which met here on Wednesday, discussed ways to sell the mill to a private party after floating tender, sources in the government told The Hindu.

The mill has been in the news for the management’s inability to make proper payment for the supply of sugarcane to farmers due to the financial crisis it faces.

Sources said the Cabinet discussed ways to implement the new fee structure for private schools. Although the new fee structure was announced recently, private schools are yet to implement the decision. The government may bring a law on new fee structure, sources said.

The Cabinet discussed the pending projects in the tourism sector, said a source.

The Cabinet meeting, which was chaired by Chief Minister V. Narayanasamy, was attended by Ministers, Chief Secretary, Secretary to the Lt Governor, Secretaries and other senior officials.

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Printable version | Apr 6, 2020 7:33:24 AM | https://www.thehindu.com/news/cities/puducherry/govt-may-sell-cooperative-sugar-unit-to-private-player/article21129235.ece

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