Government plans to implement dual price policy for sugar

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New Delhi: In order to boost the income of sugarcane farmers, the Commission for Agricultural Costs and Prices (CACP) had recommended the government to frame the dual price policy for sugar trade in India. And now according to the reports, the Prime Minister’s Office (PMO) has asked the food ministry to come up with a formula for implementing dual price policy for sugar for households and industrial consumers in the country.

As per the formula, there will be two different rates of sugar, one for industrial users which will be high rate as compared with the other rate for household users.

Vijay Paul Sharma, Chairman, CACP head earlier stated, “The government should consider the dual price policy for sugar. Depending upon the cost of production and availability, the government should consider a reasonable price for kitchen consumers and high prices for industrial users.”

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