Sugar Price Hike Ahead of Festivals: Government Blames Lower Production, Global Prices, Not Ethanol
8 Articles
8 Articles
Sugar Prices Rise: Government moves to curb hoarding, ensure adequate supply
New Delhi: The recent rise in sugar prices has triggered concerns among consumers, particularly with the festive season approaching. The Government, however, has said that adequate sugar stocks are available to meet domestic requirements until the new crushing season begins in October and has stepped up monitoring to ensure stable supplies and prices. As per the Union Government, the current increase in sugar prices is the result of multiple fac…
Sugar Price Hike Ahead of Festivals: Government Blames Lower Production, Global Prices, Not Ethanol
Sugar prices have rise in all over India ahead of the festival season, allowing the government to make duty-free imports of 10 lakh metric tonnes of raw sugar. The move comes at the time when domestic prices have risen sharply, while
Congress Slams Centre Over Sugar Price Hike Before Festive Season; Government Denies Shortage
The opposition party has intensified its attack on the central government over rising sugar prices ahead of the upcoming festival season. Questions were raised regarding the low sugar stocks, price hikes, and ethanol production policy, questioning the government's self-reliance claims. In response, the government stated that there is no shortage of sugar and that measures are being taken to stabilize prices. The government is also importing suga…
Sugar prices shoot up; govt says ethanol diversion ‘not to blame’
New Delhi: The Centre on Friday, August 21, dismissed claims that sugar diversion for ethanol was behind the sweetener’s sharp price rise, instead accusing mills of hiking rates despite adequate stock to meet domestic demand. States have been told to act against hoarding and black marketing, and to prepare for an early start to crushing by around October 15. Govt cracks down on price hikes Briefing the media, Food Secretary Sanjeev Chopra said t…
Sugar price hike linked to lower output, not ethanol production: Govt - The Tribune
The government on Friday rejected claims of diversion of sugar towards ethanol as the reason for the increase in prices, and instead pointed to lower domestic output, hoarding, artificial scarcity and higher festive-season demand.
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