India to build buffer stock of 4mn tonnes of sugar

24 Jul, 2019

The government has also decided to keep minimum cane buying price for the next season steady, the television channel said.

Years of bumper cane harvests and record sugar production have hammered sugar prices in India, the world's biggest consumer, making it hard for mills to pay money owed to farmers, who form an influential voting bloc.

Copyright Reuters, 2019

Read Comments