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Steel Authority of India Limited (SAIL) is a government owned steel producer based in New Delhi, India. It is under the ownership of Ministry of Steel, Government of India with an annual turnover of INR 66,267 Crore for fiscal year 2018–19. Incorporated on 24 January 1973, SAIL has 64,628 employees. With an annual production of 16.30 million metric tons, SAIL is the 20th largest steel producer in the world and the largest in India. The Hot Metal production capacity of the company will further increase and is expected to reach a level of 50 million tonnes per annum by 2025. Smt Soma Mondal is the current Chairman of SAIL.
The economy of India is characterised as a middle income developing market economy. It is the world's sixth-largest economy by nominal GDP and the third-largest by purchasing power parity (PPP). According to the International Monetary Fund (IMF), on a per capita income basis, India ranked 145th by GDP (nominal) and 122th by GDP (PPP). From independence in 1947 until 1991, successive governments promoted protectionist economic policies, with extensive state intervention and economic regulation. This is characterised as dirigism, in the form of the License Raj. The end of the Cold War and an acute balance of payments crisis in 1991 led to the adoption of a broad economic liberalisation in India. Since the start of the 21st century, annual average GDP growth has been 6% to 7%, and from 2013 to 2018, India was the world's fastest growing major economy, surpassing China. Historically, India was the largest economy in the world for most of the two millennia from the 1st until the 19th century.
'India' was the one of the largest economies in the world for most of the next two and a half millennia, starting around the end of 1st millennium BCE and ending around the beginning of British rule in India.
Muscovado is a type of partially refined to unrefined sugar with a strong molasses content and flavour, and dark brown in colour. It is technically considered either a non-centrifugal cane sugar or a centrifuged, partially refined sugar according to the process used by the manufacturer. Muscovado contains higher levels of various minerals than processed white sugar, and is considered by some to be healthier. Its main uses are in food and confectionery, and the manufacture of rum and other forms of alcohol. The largest producer and consumer of muscovado is India.
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Kakira Sugar Works Limited, often referred to as Kakira Sugar Works (KSW), is a leading sugar manufacturer in Uganda, the third-largest economy in the East African Community.
Sugar has been produced in India since ancient times and then it spread to other parts of the world. Sugarcane is a native of tropical Indian subcontinent and Southeast Asia. In India, sugarcane is planted thrice a year in October, March and July depending on part of the country. Most of the sugar production in India takes at local Cooperative Sugar mills. After gaining Independence, India made serious plans for overall industrial development of sugar industry.
Manufacturing in Sudan remains a relatively small sector of the economy, accounting for 11.75% of GDP as of 2019 according to the World Bank. Manufacturing in Sudan has a long history, with many forms of industry being attempted since World War II. Growth has been more consistent in the 21st century than previously.
References
- ↑ Bhosale, Jayashree (2019-01-21). "ISMA cuts India's 2018-19 sugar production estimate to 307 lakh tonnes". The Economic Times. Retrieved 2019-06-03.
- ↑ Mukherjee, Ritwik (2019-06-03). "Sugar dearer on cane availability concerns". The Asian Age. Retrieved 2019-06-03.
- ↑ "Sugar mills in Meerut on the verge of shutting down". Economic Times. 24 April 2012. Retrieved 24 April 2012.
- ↑ "Sugar traders' body AISTA seeks duty-free imports". @businessline. Retrieved 2019-06-03.
- ↑ "Sugar output up 13% of October–March - Indian Sugar Mills Association". Economic Times. Apr 3, 2012. Retrieved 24 April 2012.
- ↑ "India could soon become the world's largest sugar producer but here's why that's a problem". Business Insider. Retrieved 2019-06-03.
- ↑ "India's 2018-19 sugar output likely to hit new record 35.5 million tonnes". The Times of India. Retrieved 2019-06-03.