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Kairana’s bitter pill: Sugarcane economy needs reform not a Rs 8,000 crore bandage

Source : 20   On   06 Jun 2018
Home   >   All Articles  >   Kairana’s bitter pill: Sugarcane economy needs reform not a Rs 8,000 crore bandage
 
 
 
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In yet another illustration of how agricultural policy in India is dominated by politics, the Centre looks set to respond to the Kairana bypoll setback with a Rs 8,000 crore package to help mills pay sugarcane farmers. It will reportedly include creating buffer stock and setting a minimum price of sugar at the factory rate. This is on the heels of the worrying proposal of a cess on sugar, over and above the GST rate, again aimed at making payments to sugarcane farmers.