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No decision yet on sugar industry's plea

By Our Special Correspondent

New Delhi Jan. 9. The Prime Minister, Atal Behari Vajpayee, today reviewed the demands of the sugar industry, which include a five-year tax exemption and freight subsidy on exports to the industry.

Mr. Vajpayee discussed the problems faced by the industry at a high-level Inter-Ministerial meeting attended by the Deputy Prime Minister, L.K. Advani, the Finance Minister, Jaswant Singh, the Food Minister, Sharad Yadav and the Deputy Chairman of the Planning Commission, K.C. Pant. Mr. Yadav and the Deputy Chief Minister of Maharashtra, Gopinath Munde, placed the demand of the ''crisis-ridden'' industry. However, no decision was taken in the meeting. The Finance Minister, Jaswant Singh, is understood to have told the meeting that the demands for a five-year excise duty holiday, as also interest-free loans would be examined in consultation with banks and other agencies.

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