ISMA’s pie in the sky request from Delhi isn’t going to fix the problem either.
In a letter to the Prime Minister’s Office, the Indian Sugar Mills Association (ISMA), the country’s sugar lobby, has requested—among other things—for the creation of a price stabilisation fund (PSF) to be funded by imposition of a sugar cess. ISMA says that a revenue-sharing formula and a price stabilisation fund are needed to make the
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