Sugaronline India Report – India’s cane pricing could at last be reformed
25th February 2021
Cane pricing reform may at last be on the cards, but as usual, there’s something amiss.
India’s official think tank, Niti Ayog, is working on a new mechanism to push cane pricing reform that aims to create a price stabilisation fund and adopt a modified version of revenue sharing formula (as recommended by Rangarajan Committee), putting raw material suppliers at a relatively advantageous position vis-a-vis the millers. The new formula would
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