End of sugar dual pricing is overdue
The Commission for Agricultural Costs and Prices has suggested that the government should do away with the “levy quota” on sugar mills, in which they need to set aside 10 per cent of their output for the public distribution system (PDS). Since it’s meant for poor households, this sugar sells at a price that is significantly below the market price. This, in the Commission’s opinion, has crimped the mills’ ability to adequately compensate sugarcane farmers.
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