je.st
news
Imported sugar crushes hopes of cane growers
2015-05-04 09:03:50| Sugar Industry News
Sugarcane farmers in the region are in dire straits due to glut in sugar production. The government\'s decision early this week to hike the import duty on sugar from 25 per cent to 40 per cent was described as too little too late by the farmers here. Kurubur Shanthakumar, president of the Sugarcane Cultivators\' Association, told The Hindu that the decision to hike import duty on sugar should have been introduced earlier to prevent the glut in the market and prevent the slide in prices.
Tags: sugar
hopes
imported
cane
Category:Chemicals