Sugar production till Feb 15 up 8.07 pc to 21.93 MT: ISMA

The country's sugar production rose 8.07 per cent to 21.93 million tonnes (MT) till February 15 in the ongoing marketing year 2018-19 from the year-ago period, industry body ISMA said Wednesday.

However, the overall sugar output is pegged lower at 30.7 MT for the current marketing year (October-September) compared to 32.5 MT during 2017-18, it added.

According to the Indian Sugar Mills Association (ISMA), the recent hike in minimum selling price of sugar by Rs 2 per kg to Rs 31 will "generate additional revenue for the sugar mills and help them in payment of cane price arrears."