India, world’s largest consumer of sugar, wants its people to eat more

By
Mills in India are eyeing increased consumption as a way to cut the nation’s chronic oversupply, which stems partly from the favorable incentives provided to growers in politically powerful rural areas. High production costs mean the country finds it hard to sell sugar on the global market without subsidies.

from Agriculture-Economy-News-Economic Times https://ift.tt/2HL1wWT

Comments

Post a Comment

Popular AgriNews

NCLAT set aside CCI order imposing penalty on 18 sugar mills, 2 trade associations

By
The National Company Law Appellate Tribunal (NCLAT) has set aside a penalty of Rs 38.05 crore imposed by the Competition Commission of India (CCI) on 18 sugar mills and two trade associations. The penalty was related to bid rigging in a joint tender for ethanol procurement. The NCLAT ruled that the CCI's order was illegal and did not comply with the principles of natural justice. from Agriculture-Economy-News-Economic Times https://ift.tt/UwRa5Jc
Read more