The board will comprise representatives of farmers organisations, the sugar co-operative as well as the private mills.
Cooperation minister Chandrakant Patil said all the decisions related to the sugarcane prices will be taken by the board.
Constitution of such a body was one of the recommendations of the C Rangarajan Committee which had studied the issue of de-control of the sugar industry.
Lok Sabha MP Raju Shetti and Raghunath Patil (both from Shetkhari Sanghtana) and NCP leader Vijaysinh Mohite-Patil are among the members of the board, the minister said. Besides, Patil himself and the Chief Minister Devendra Fadnavis are also the members.
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