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ID:	13

Date:	12-10-2012

Headline:	ISMA's view on recommendations of Rangarajan Committee on Sugar Reforms

Writer:	ISMA

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The industry strongly welcomes the positive recommendations of Rangarajan Committee which are forward looking and will give a boost to investment in the sector both at the farm and factory level. Mills will be able to plan their cash flows and sugar stocks and the financial burden of supplying levy sugar will now be rightfully taken over by the Government. The proposed linkage between sugarcane price and the sugar price realization is a much awaited and an important suggestion which will provide a stable environment and assured return to the farmers. With the decontrol of the sector, the industry could grow at an average of 15-20% per year in the next five years or so. We would eagerly await quick approvals from the Government.

ISMA's Corner

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