The development comes in the wake of the recent violent agitation by farmers, demanding increased price for sugarcane.
The board will be headed by the state's Chief Secretary and include some other officials and representatives of sugar factories and farmers.
The cabinet also approved the draft Maharashtra Sugarcane (Purchase and Supply) Bill 2013, expected to be tabled in the winter session of the state legislature in Nagpur.
Maharashtra has 202 registered co-operative sugar factories and over 65 private ones.
The board would function on the lines of state electricity regulatory commission.
Norms for beneficiaries under the National Food Security Act too were approved.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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
