Section

Govt to decide on sugar MSP hike in coming days: Food Secy

By Economic Times - 4 months ago
Union Food Secretary Sanjeev Chopra indicated that the government may soon decide on increasing the minimum selling price (MSP) of sugar. The MSP has been stagnant at Rs 31 per kg since 2019, despite rising costs for sugarcane farmers. Industry groups have called for an increase to at least Rs 42 per kg to support mills.

Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.