The sugar and ethanol industry in India is under pressure due to rising costs, stagnant minimum selling/ethanol prices and increasing cane prices. Industry bodies have formally demanded a raise in MSP of sugar and the procurement prices of ethanol to ensure viability. The government has acknowledged the demand and is considering action.
Read MoreThe Dwarkadhish Sugar Factory in Nashik district has announced plans to crush 6 lakh tons of sugarcane during the upcoming crushing season. Factory officials stated that all necessary preparations have been completed to ensure smooth and efficient operations.
Read MoreIndiaβs sugar market is witnessing a slump as stronger-than-expected sugar production pushes prices downward. According to industry reports, the countryβs mills have ramped up production this season, resulting in a surplus supply in domestic markets.
Read MoreIn a major step toward crop diversification, the government has announced the promotion of makhana (fox nut) cultivation in regions traditionally known for maize production. Under this new initiative, farmers will be encouraged to shift part of their agricultural land from maize to makhana, a high-value and water-efficient crop.
Read MoreThe Food Ministry is evaluating a proposal to raise the Minimum Selling Price (MSP) of sugar, according to Food Minister Pralhad Joshi.
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