date:Apr 01, 2012
et. The industry has hailed this judgement.
The ISMA has been asking the government to not have a system of levy quota. It should buy sugar directly from the open market. It can subsidise the poor after purchase, said Verma.
He further added that the higher sugarcane price fixed by the government and the lower returns from the buyers calls for recurrent losses. He opined that decontrolling the industry was an apt solution for converting this industry into a profit-making industry.
Meanwhile,