With policy makers continuing to rely on populist hikes in sugarcane prices, sustainable growth would be better found in a focus on improving yields.
The issue of remunerative pricing for sugarcane continues to influence India’s electoral politics and policy-making, especially in cane-growing regions. It is therefore no surprise that farmers demand, and invariably receive, regulated price hikes for cane from both federal and state governments. While these hikes — often with no connection to movements in sugar prices —
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