BrahMos WORLD INDIA MADHYA PRADESH BHOPAL WTN SPECIAL GOSSIP CORNER RELIGION SPORTS BUSINESS FUN FACTS ENTERTAINMENT LIFESTYLE TRAVEL ART & LITERATURE SCIENCE & TECHNOLOGY HEALTH EDUCATION DIASPORA OPINION & INTERVIEW RECIPES DRINKS BIG MEMSAAB 2017 BUDGET 2017 FUNNY VIDEOS VIRAL ON WEB PICTURE STORIES Mahakal Ke Darshan
WTN HINDI ABOUT US PRIVACY POLICY SITEMAP CONTACT US
N
W
T
logo
Breaking News

Sugar gets costly in last three week

Tuesday - June 12, 2018 1:39 pm , Category : WTN SPECIAL

Know the facts of sugar pricing

JUNE 12 (WTN) - If you are fond of eating more sugar then this news is for you. Sugar prices have risen by 21% in the country in the last three weeks. In this way, the prices of sugar are at the highest level of three months. According to experts, sugar prices are rising due to less supply from mill. Here the government imposed a reverse stock limit to control the supply.

The sugar which was earlier sold at a rate of 33 rupees per kg is now being sold between 35 to 40 rupees per kg. According to the information, the central government does not want to regulate the sugar sector and fixing the minimum selling price (MSP) for sugar and setting the limits for holding sugar mills for the farmers, consumers, as well as in the interests of small units.

According to the information, the central government has refused to increase in minimum selling price (MSP) of sugar. It is being said that when the abundance of sugar is available in quantity, then why should the consumer pay a higher price?
  
For your information, let you know that to help the sugar industry struggling with cash crisis, the government has decided to set a buffer stock of 30 lakh tonne last week and fixing the monthly stock limits of sugar on mills, besides fixing the minimum selling price (MSP) of sugar.

Here some sugar industry organizations have demanded to increase the minimum selling price (MSP) of sugar. They say that to fulfill the production cost, the price of Rs 29 per kg is insufficient, while the cost of production is around 34 to 36 rupees per kg.

Sugar mills were selling sugar at a rate of 25 rupees per kg and now the minimum selling price has been fixed at 29 rupees and sugar mills are getting more than four rupees per kg. So it can be of good value. It is being said that if the floor price is fixed at Rs 35 per kg then the sugar mills will earn Rs 7-8 per kg and more but then the retail price will be Rs 44 per kg. It is believed that when sugar is available in the abundance, so why should the customer pay the higher price?
Leave a Comment
* Name
* Email (will not be published)
*
* - Required fields