By asking mills to shift to ethanol, the government is shirking responsibility for market distorting cane price populism.
Speaking at a recent conference on sugar and ethanol organised by ISMA and Datagro in New Delhi, the Indian Transport Minister advised the country’s milling sector to embrace ethanol aggressively. Otherwise, survival will be really difficult if the mills continue to process more sugar. Given the compulsions of electoral politics in a country wherein cane
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