date:Nov 16, 2012
quintal for 0.1 per cent sugar recovery. The rate of recovery of sugar is the biggest concern.
Sanjay Banerjee, head, media and communication, Indian Sugar Mills Association (ISMA), said, The impact will not be more on consumers as well as domestic players. The loss incurred by Maharashtra and Karnataka will be covered by Uttar Pradesh. Uttar Pradesh has produced more sugarcane this year and I don't think that the price of sugar should be hiked in other states. A Rs 1.50 hike is not a big deal