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Sugaronline India Report

Indian sugar industry’s wishful thinking

By Prerna Sharma Singh

31st January 2020

ISMA’s pie in the sky request from Delhi isn’t going to fix the problem either.

In a letter to the Prime Minister’s Office, the Indian Sugar Mills Association (ISMA), the country’s sugar lobby, has requested—among other things—for the creation of a price stabilisation fund (PSF) to be funded by imposition of a sugar cess. ISMA says that a revenue-sharing formula and a price stabilisation fund are needed to make the

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