The Commission for Agricultural Costs and Prices (CACP), a decentralized agency which suggests the government on agricultural commodities, has recommended the government to frame a dual price policy for sugar trade in India for the benefit of farmers.
Vijay Paul Sharma, Chairman, CACP, said, “It is high time for the government to consider dual pricing of sugar with a reasonable price for kitchen consumers and high prices for industrial users depending upon the cost of production and availability.”
Sugar prices have jumped marginally by Re 1-2 a kg in the wholesale markets due to lower production estimates in India and