Private sectors plea to decontrol sugar

Private sectors plea to decontrol sugarToday the Private and cooperative mills made appeal towards the Union government to get rid of the power on the sugar industry, opening with putting into pieces the release apparatus by which the government has planned on how much sugar can be vended in a month and when the levy compulsion to tender a assured segment of a mill's production for ration shops at the government-decided price.

The appeal also hunted a realization-based rate for sugarcane and eliminating the sugar from the Essential Commodities Act. The suggestions have derived from the Indian Sugar Mills Association and the National Federation of Cooperative Sugar Factories.

The industry has been stressing decontrol since long, but there have been disparity amongst the two relations. The industry has been buoyant by the previous government verdict to decontrol petrol rates.

According to Gaurav Goel, the chairman, policy advisory group, Isma, and managing director, Dhampur Sugar Mills expressed that they need long-term lucidity to develop.

The government must entail a policy that shall be in the long-term interest of all stakeholders.