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News


Industry seeks higher sugar price
Date: 20 Dec 2016
Source: The Financial Express
Reporter: Bureau
News ID: 6231
Pdf:
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Amid demand from the industry to allow retail sugar prices to rise up to Rs 45/kg, Union Minister Nitin Gadkari today said the rates should be reasonable for consumers as the government has a difficult job to balance interest of all stakeholders. 

Addressing the annual general meeting of Indian Sugar Mills Association (ISMA), Transport Minister Gadkari asked the debt-ridden industry to focus on ethanol and other by-products of sugarcane in order to improve their earnings.



He said the government is working on a policy to promote second generation bio-ethanol and sought suggestions from the sugar industry. 

 
  

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