What is the arrears problem in Sugar Industry of India?

It has been more than two years since April 2013, when the union government decided to lift some control on the sugar industry. Via this government scrapped the obligation to sell 10 per cent of a mill’s output to the Public Distribution System at prices below the cost of production and also the government’s power […]

Rangarajan Committee and Partial Decontrol of Sugar

There has been a long pending demand for complete decontrol of the sugar industry. But successive central governments have hesitated to decontrol sugar. The prime reasons can be summarized as below: Sugar Industry is an agro based industry and in India the output of agriculture is uncertain. If there is a surplus in the sugar […]