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Why Paswan is unhappy with sugar producer's association

His anger at association is unusual because so far govt is dealing with this industry body softly

Rajesh Bhayani  |  Mumbai 

Ram Vilas Paswan
Ram Vilas Paswan

Food Minister on Tuesday said the estimates of production provided by the Indian Mills Association (Isma) were low and “misleading” and no import was required now because the country had enough  

However, his anger at the association is unusual because so far the has been dealing with this industry body softly.

An official in the know of things said that the Isma’s final production estimates had been 10-12 per cent lower than the initial estimates and that was impacting policy decisions. However, the is satisfied with the minister’s statement that there was “no plan to cut the on the sweetener at least in the near term and India has ample stocks of sugar”.

At the beginning of the previous season, the had said production would be 28 million tonnes but it was 25.12 million tonnes and this season also it has cut the production estimate from 23 million tonnes to 20.3 million tonnes. 

President T Sarita Reddy told Business Standard, “We welcome the move not to cut the The minister has understood the necessity for the survival of the industry and safeguarding the lives of millions of sugarcane farmers. The Centre’s move will help the industry to clear its cane dues not only this year but also in the coming years”.

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Why Paswan is unhappy with sugar producer's association

His anger at association is unusual because so far govt is dealing with this industry body softly

Food Minister Ram Vilas Paswan yesterday said that the lower estimates of production provided by the trade body Indian Sugar Mills Association (ISMA) are 'misleading' and country has enough stock of sugar and no import is required. However his anger against Indian Sugar Mills Association was unusual as so far government has been dealing with this industry body softly.An official aware of the reason for Paswan's anger said that ISMA's final production estimates have been coming 10-12 per cent lower than initial estimates and that was impacting policy decisions. However, despite his anger ISMA is happy to hear from him that "no plan to cut import duty on the sweetener at least in the near term and India has ample stock of sugar."ISMA last season 2015-16 had said in the beginning of the season that production will be 28 million tons which ultimately was 25.12 million tons and this season also it ultimately cut production estimate from 23 million tons to 20.3 million tons. Minister's ...
Food Minister on Tuesday said the estimates of production provided by the Indian Mills Association (Isma) were low and “misleading” and no import was required now because the country had enough  

However, his anger at the association is unusual because so far the has been dealing with this industry body softly.

An official in the know of things said that the Isma’s final production estimates had been 10-12 per cent lower than the initial estimates and that was impacting policy decisions. However, the is satisfied with the minister’s statement that there was “no plan to cut the on the sweetener at least in the near term and India has ample stocks of sugar”.

At the beginning of the previous season, the had said production would be 28 million tonnes but it was 25.12 million tonnes and this season also it has cut the production estimate from 23 million tonnes to 20.3 million tonnes. 

President T Sarita Reddy told Business Standard, “We welcome the move not to cut the The minister has understood the necessity for the survival of the industry and safeguarding the lives of millions of sugarcane farmers. The Centre’s move will help the industry to clear its cane dues not only this year but also in the coming years”.

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Business Standard
177 22

Why Paswan is unhappy with sugar producer's association

His anger at association is unusual because so far govt is dealing with this industry body softly

Food Minister on Tuesday said the estimates of production provided by the Indian Mills Association (Isma) were low and “misleading” and no import was required now because the country had enough  

However, his anger at the association is unusual because so far the has been dealing with this industry body softly.

An official in the know of things said that the Isma’s final production estimates had been 10-12 per cent lower than the initial estimates and that was impacting policy decisions. However, the is satisfied with the minister’s statement that there was “no plan to cut the on the sweetener at least in the near term and India has ample stocks of sugar”.

At the beginning of the previous season, the had said production would be 28 million tonnes but it was 25.12 million tonnes and this season also it has cut the production estimate from 23 million tonnes to 20.3 million tonnes. 

President T Sarita Reddy told Business Standard, “We welcome the move not to cut the The minister has understood the necessity for the survival of the industry and safeguarding the lives of millions of sugarcane farmers. The Centre’s move will help the industry to clear its cane dues not only this year but also in the coming years”.

image
Business Standard
177 22