Poor rainfall, decline in sugarcane yield push sugar prices up by Rs 5
date:Nov 16, 2012
rs and consumers will be benefited. Due to the levy, millers are losing interest and closing the mills. If the C Rangarajan Committee's recommendations are accepted by the government, the industry will save Rs 3,000 crore and thus farmers will benefit.

Arvind Varma, secretary general, Indian Beverage Association (IBA), said, The sugar hike is due to less production of sugarcane in Maharashtra and Karnataka, and this type of phenomenon is unexpected. Different companies will be having different
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