Sugar Industry Seeks MSP Revision, Higher Ethanol Prices
India's sugar industry urges govt to raise MSP and ethanol prices to manage surplus stock, ensure mill liquidity, and boost the ethanol blending program. Key demands revealed.
India's sugar industry urges govt to raise MSP and ethanol prices to manage surplus stock, ensure mill liquidity, and boost the ethanol blending program. Key demands revealed.
The Indian Sugar Mills Association urges the government to raise the minimum selling price of sugar to ₹40/kg, citing rising production costs and stagnant MSP. This move is crucial for the financial stability of millions of sugarcane farmers.
ISMA urges government to raise sugar MSP by over ₹10/kg to ₹42/kg, citing rising production costs. This move aims to ensure mill viability and farmer payments.
India achieves 20% ethanol blending in petrol. ISMA now advocates for exports and a 30% blending target. Explore the industry's push for new markets.
Indian government approves 2 million tonnes of sugar exports. ISMA welcomes decision but seeks MSP increase to ₹47/kg and higher ethanol prices to boost industry sustainability.
India's sugar industry faces financial turmoil as reduced ethanol procurement threatens farmer payments and biofuel blending targets. ISMA sounds alarm.