THE BITTERSWEET
Sugar is an essential commodity and in India, it is very much politically sensitive. The industry has been subjected to a number of controls and regulations. SP Singh in his research, ‘Assessing Efficiency Trends in the Indian Sugar Industry’, states that, “these controls and regulations, including fixation of State, Advised Prices (SAP) of sugarcane over and above the centrally determined Fair and Remunerative Price (FRP) would have adverse impact on the economics of the industry.”
https://thepolicytimes.com/the-bittersweet-issues-in-the-sugar-industry/
Sugar is an essential commodity and in India, it is very much politically sensitive. The industry has been subjected to a number of controls and regulations. SP Singh in his research, ‘Assessing Efficiency Trends in the Indian Sugar Industry’, states that, “these controls and regulations, including fixation of State, Advised Prices (SAP) of sugarcane over and above the centrally determined Fair and Remunerative Price (FRP) would have adverse impact on the economics of the industry.”
https://thepolicytimes.com/the-bittersweet-issues-in-the-sugar-industry/
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