 "Sugar")
News reports that deficient rainfall leading to shortfalls in sugarcane production as the crushing season gets underway caused some concerns. This coincided with a sharp rise in sugar prices and rumours that the government would be looking at policy measures to prevent hoarding and prevent price-gouging, etc., by using the release mechanism, export controls, and so on. There could also be impacts on the ethanol and ethanol-blending industries.
Apart from financial implications, sugar is of political importance. It’s a basic commodity which generates a lot of employment in agrarian districts in several states including Uttar Pradesh, Tamil Nadu, Karnataka and
