ISMA urges PMO to immediately increase minimum sale price of Sugar

Indian Sugar Mills Association says won't impact consumer price as ex-mill sugar price is already higher

The Indian Sugar Mills Association (ISMA) has written to the Prime Minister’s Office (PMO) to immediately increase the Minimum Sale Price (MSP) of sugar from the current Rs 31 per kg to at least Rs 34-35 per kg to help it clear the pending sugarcane dues ahead of the new crushing season that will start from October 2021.

Increasing the MSP of sugar by Rs 3-4 per kg will bring its price closer to the existing ex-mill sugar price of Rs 34-35 per kg and there will not be be any impact on the consumer price of sugar.

MSP is