Tridge summary
The government is reportedly set to increase the minimum selling price (MSP) of sugar by nearly 23% to ₹38 per kg, marking the first hike in almost seven years. This move, along with a potential rise in ethanol procurement prices, aims to boost liquidity for sugar mills and aid in cane farmer payments.
Original content
New Delhi: The government is expected to raise the minimum selling price (MSP) of sugar - after a nearly seven-year pause -by nearly 23% to ₹38 per kg, said people aware of the matter. #sr_widget.onDemand p, #stock_pro.onDemand p{font-size: 14px;line-height: 1.28;} .onDemand .live_stock{left:17px;padding:1px 3px 1px 5px;font-size:12px;font-weight:600;line-height:18px;top:9px} #sr_widget.onDemand .sr_desc{margin:0 auto 0;} #sr_widget.onDemand .live_stock p a{color: #fff;;} #sr_widget.onDemand .sr_desc{color: #024d99;margin-top:10px;} #sr_widget.onDemand .crypto .live_stock .lb-icon{8px 6px 5px 3px !important} #sr_widget.crypto.onDemand a.text{border-bottom:1px solid #ccc;padding-bottom:5px;display:block;width:100%} #sr_widget.onDemand .sr_desc .text p, #stock_pro.onDemand .sr_desc .text p{font-size:12px;font-weight:400;} The Centre could also increase ethanol procurement price for sugarcane-based ...
Source: Economic times
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