date:Apr 10, 2013
According to sources in the industry, as suggested by the Rangarajan Committee, the decision will help the industry to achieve its potential growth of 20-25 per cent per annum.
Sources added that the twin decisions of the government to give freedom to the sugar industry to sell sugar on commercial consideration and remove the burden of levy sugar were, indeed, extremely important and crucial.
Abinash Verma, director-general, Indian Sugar Mills Association (ISMA), explained, Removal of the burd