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Govt rules out reducing sugarcane price
PTI
New Delhi |
Updated on
December 18, 2020
Asks sugar mills not to depend on central subsidies
Union Food Minister Piyush Goyal on Friday said the government cannot reduce the minimum price at which sugar mills have to purchase sugarcane from farmers and urged the industry to expand product portfolio as well as remain profitable rather than depend on central subsidies.
Sugarcane is bought by sugar mills at a Fair and Remunerative Price (FRP), which is also the minimum selling price fixed by the central government.
Addressing the 86th annual general meeting (AGM) of industry body ISMA, Goyal was not in favour of the industry’s demand to hike the FRP of the sweetener from the current level of Rs 31 per kg, as it would lead to rise in retail prices. ....

Vivek Pittie , Rangarajan Committee , Union Food , Indian Sugar Mills Association , Union Food Minister Piyush Goyal , Remunerative Price , விவேக் பித்திஎ , ரங்கராஜன் குழு , தொழிற்சங்கம் உணவு , இந்தியன் சர்க்கரை ஆலைகள் சங்கம் , தொழிற்சங்கம் உணவு அமைச்சர் பியூஷ கோயல் ,