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Central and State Governments Should Formulate a Long-Term Policy to Provide Economic Stability to the Sugar Industry: Sanjay Khatal
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Solapur (Maharashtra): Sanjay Khatal, Managing Director of the Maharashtra State Cooperative Sugar Mills Association, stated that the sugar industry in Maharashtra, including the country, appears to be trapped in a vicious cycle of major economic crisis. Rising sugarcane costs, no increase in sugar prices for the past five years, steadily increasing sugarcane FRP, increasing bank debt, and a lack of sugarcane availability are worsening the finan…
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