Indian Sugar Mills Association Current Affairs, GK & News

Minimum Selling Price of Sugar Increased by Rs 2/kg

The Central government has increased the minimum selling price (MSP) of sugar by Rs. 2 per kg to Rs. 31. Minimum Selling Price Minimum Selling Price is the rate below which the mills cannot sell sugar in the open market to wholesalers and bulk consumers like beverage and biscuit makers. Rationale behind the Increase The decision to increase the ..