Sugar output may dip 11%, says govt, rules out ethanol diversion impact on prices

Govt rules out ethanol diversion as cause of sugar price rise, cites lower output, festive demand and crop damageNEW DELHI: Sugar production during the current season (Oct-Sept) is estimated around 306 lakh tonnes, 11% lower than the initial projection of 343 lakh tonnes for the year by sugarcane-growing states, govt s

Sugar prices up from ₹48 to ₹67 a kg over last three months, says Congress, blaming the diversion of sugarcane for fuel; asks why policy has not resulted in petrol price cut despite falling global crude rates