Sugar Industry – FRP, SAP, Rangarajan Committee, EBP, MIEQ, etc.

Stock pile-up puts sugar industry in a fix

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