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Demand for higher sugar MSP: Understanding the call for change bl-premium-article-image
Date: 12 Apr 2024
Source: The Hindu Business Line
Reporter:
News ID: 57641
Pdf:
Nlink: https://www.thehindubusinessline.com/economy/agri-business/demand-for-higher-sugar-msp-understanding-the-call-for-change/article68057453.ece

              In recent discussions, leaders in the sugar industry have been pushing for an increase in the Minimum Selling Price (MSP) for sugar, proposing a significant jump from the current rate of ₹31 per kg to ₹45 per kg. This demand stems from the industry’s assertion that the current MSP fails to cover all the expenses involved in producing and transporting sugar, leaving little room for profitability.

 
  

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