In its first advance estimate for 2024-25, sugar industry body Indian Sugar and Bioenergy Manufacturers’ Association (ISMA) has pegged India’s sugar production at 33.3 million tonnes, down by 2.24% over previous year. The industry body has demanded that the minimum selling price of sugar, which has not been raised for five years, should be increased to Rs 39.14/kg from Rs 31/kg; up by 26.25%.
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