Government Preparing to Increase the Price of Sugar

  34 sec to read
Government Preparing to Increase the Price of Sugar

January 14: The government has reportedly decided to increase the price of sugar. The government took such step based on the recommendation of a report prepared by a government commission in collaboration with the National Planning Commission to set the scientific price of sugarcane and sugar.

The sugar industries had been pressing the government to increase the price of sugar stating that the industries were facing loss.

An informed source told New Business Age that the government is preparing to set the price of sugar between Rs 80 to Rs 100. Discussions were held at the Department of Commerce, Supply and Consumer Protection on Sunday, January 13.

 

No comments yet. Be the first one to comment.