According to officials familiar with the discussions, the proposal comes amid rising production costs, higher cane prices, and the need to ensure timely payments to farmers. The hike, if approved, would mark one of the largest MSP revisions in recent years for the sugar industry.
Read MoreGlobal sugar prices climbed this week as markets reacted to signals that Indiaโone of the worldโs major sugar exportersโmay reduce its export volumes for the upcoming season.
Read MoreIn a significant boost to the stateโs agro-industrial sector, the Bihar government has announced plans to establish 25 new sugar mills across various districts.
Read MoreThe government is currently reviewing a new support scheme aimed at providing assistance to sugarcane farmers across the region. The initiative, as highlighted by the Sanjivani Sugar Mill Administrator, is expected to focus on improving financial aid, ensuring fair pricing, and offering technical guidance to enhance crop yield and sustainability.
Read MoreThe sugar production season in Maharashtra is gaining momentum as 165 sugar mills across the state have officially begun crushing operations. With the season progressing steadily, the state has already recorded a sugar output of 151.48 lakh quintals, indicating a strong start for the industry.
Read MoreAndhra Pradesh Agriculture Minister Kinjarapu Atchannaidu reaffirmed the state governmentโs commitment to safeguarding the interests of maize farmers, emphasizing that every effort is being made to ensure fair prices, timely procurement, and improved market stability.
Read MoreIn a significant relief for sugarcane farmers, the Uttarakhand government has announced an increase of โน30 per quintal in the State Advised Price (SAP) for sugarcane for the new crushing season. The decision aims to boost farmer incomes and address rising cultivation costs.
Read MorePilibhit, Uttar Pradesh: In a push to strengthen energy self-reliance and reduce carbon emissions, Cane Commissioner Ministhy S has instructed all units of the sugarcane department to ensure the compulsory installation of solar power systems. The order covers departmental offices, cooperative cane societies, cane development councils, and sugar mills, reports The Times of India.
Read MoreIndiaโs sugar output for the current season has reached 41.35 lakh tonnes, reflecting steady growth in production. The National Federation of Cooperative Sugar Factories (NFCSF) has urged the government to allow an additional 10 lakh metric tonnes (LMT) of sugar exports to help stabilize the domestic market and boost the industryโs revenue.
Read MoreIndiaโs sugar industry has seen improved output in several key growing regions, supported by favorable weather conditions and expanded cultivation.
Read MoreThe sharp rise has been attributed to improved cane yield, favorable weather conditions, and increased crushing activity across major sugar-producing states.
Read MoreIndia has contracted more than 100,000 tonnes of sugar for export, with traders indicating that additional deals are likely in the coming weeks.
Read More