Business Standard

Mission 2019: Yogi likely to sweeten UP cane price amid sugar crisis

Last year, the state had increased the State Advised Price (SAP) by Rs 10/quintal from Rs 305/quintal to Rs 315/quintal for the common variety of sugarcane

Topics
Lok Sabha Elections 2019  |  Lok Sabha Polls 2019  |  General Elections 2019

Virendra Singh Rawat  |  Lucknow 

Settlement of arrears within 14 days of sale was a prominent pre-poll promise of the Bharatiya Janata Party

Even as banks have already put the sugar sector in negative list owing to uncertainty bred by sugarcane-sugar pricing and demand-supply matrices mismatch, the Yogi Adityanath government in Uttar Pradesh is likely to effect a token hike of about Rs 10/quintal in the cane price for the current crushing season.

TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH.

SUBSCRIBE TO INSIGHTS

What you get on Business Standard Premium?

  • icon Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • icon Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • icon Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
  • icon Pick your 5 favourite companies, get a daily email with all news updates on them.
  • icon 26 years of website archives.
  • icon Preferential invites to Business Standard events.

OR

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Mon, November 19 2018. 14:26 IST
RECOMMENDED FOR YOU