The government is actively working on some of the recommendations made by the Indian sugar industry stakeholders, to primarily prevent excess sugar stock buildup and at the same time ensure timely payments to sugarcane farmers, Secretary, Department of Food and Public Distribution (DFPD),
The Indian Sugar and Bio-energy Manufacturers Association (ISMA) has flagged concerns over surplus sugar stocks and falling prices, urging the central government to revise the minimum support price (MSP) of sugar and ethanol procurement prices to protect farmers and mills.
Indian sugar industry body ISMA affirmed on Tuesday the stable and sufficient availability of sugar for the ongoing 2024-25 (October--September) marketing season, dispelling any concerns about potential shortages and supply constraints.
The year 2021-22 has proven to be a watershed season for the Indian sugar sector. All records of sugarcane production, sugar production, sugar exports, cane procured, cane dues paid and ethanol production was made during the season.