Sugar price rise not related to diversion for ethanol: Centre issues clarification
The government clarified on Friday that the recent surge in sugar prices was not due to its diversion for ethanol production. Instead, the ministry attributed the increase to several factors, including lower domestic sugar output, heightened demand during the festive season, limited global supplies, and hoarding by some industry participants. The Ministry of Consumer Affairs, Food & Public Distribution attributed the rise in retail sugar prices to a combination of these influences.
Written by urgent.news from The Indian Express - India's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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