date:Apr 10, 2013
y years. The government has lifted the levy from most of the industry like wheat, rice, oil, and many other sectors but never lifted the levy from sugar. This has been creating hurdles for the sugar industry. Lifting the levy from sugar is very good news for the sugar industry.
He further stated, The price of sugar is Rs 38 per kg. The rate of sugar in the market is less than the cost of production. The mills sell 70 per cent of sugar to the food and beverage industry like Nestle, PepsiCo, Coca