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Not controlling sugar mills, just helping them clear cane arrears: Govt

Food ministry official also rules out increase in MSP, wonders why consumers will pay more in a glut market

Sugar
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Press Trust of India New Delhi
The Centre does not want to regulate the sugar sector and has fixed the minimum selling price for the sweetener, as also stock limits on mills, only in the interest of farmers, consumers as well as small units, a senior food ministry official said today.
 
The official also ruled out any increase in the minimum selling price of sugar and wondered why consumers will pay more in a glut market.

To bailout the cash-starved sugar industry, the government had last week decided to create a buffer stock of three million tonnes and fixed minimum selling price of sugar

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