Bitterness over sugar

Image
Business Standard New Delhi
Last Updated : Jul 16 2013 | 9:33 PM IST
The massive arrears that mills owe sugarcane farmers in Uttar Pradesh and the prospects of a further increase in state-advised support prices in an election year has caused some unexpected bitterness within the Indian Sugar Mills Association (ISMA). The association recently held a news conference in Lucknow to communicate its anxieties on these issues. As ISMA Director General Abinash Verma briefed the media on the mills' paying capacity in the 2013-14 crushing season, an industry representative in the audience interjected and questioned his stand. Verma initially tried to deter him by promising that the issue would be discussed internally but when the elderly dissenter persisted, Verma tersely told him that he was there to address the media and not him alone.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jul 16 2013 | 9:03 PM IST

Next Story