- The sugar industry is facing the worst-ever financial crisis due to pile-up of surplus sugar of 90 lakh tonnes.
- There seems to be a mismatch in cane prices paid to farmers and the realisation (sale) price of sugar.
- While prices of products are determined by the market forces, the input costs are determined by the government.
- Producers should have the freedom to decide on the cane quantity to be sourced or the price at which it is sourced.
Posted on | The Hindu