India poised to unveil sweeteners for sugar mills, cane growers


By Mayank BhardwajNEW DELHI (Reuters) - India is set to announce a slew of support measures for the sugar sector, government sources said, aimed at cutting a growing surplus and propping up local prices to help loss-making mills and millions of cane growers who make up a key voting bloc.

Prime Minister Narendra Modi's cabinet is likely to back the proposals - which include building a 3 million tonne government stockpile to soak up excess supply from the domestic market - when it meets on Wednesday, the sources two said.The sources, who are directly.....

This article is no longer available in our repository.

There could be multiple reasons for this.