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Govt offers debt restructuring and one-time settlement to sugar mills for loans taken under SDF

By Economic Times - 9 months ago
The government has issued revised guidelines for loans taken under the Sugar Development Fund (SDF), providing relief to sugar mills. The guidelines offer debt restructuring and a one-time settlement option for outstanding loans. The outstanding loans of sugar mills as of January 31 amount to Rs 3,730.15 crore, with penal interest of Rs 939.87 crore.

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