Sugar MSP to be raised after seven-year pause
The government plans to raise the minimum selling price of sugar to ₹38 per kg, the first increase in nearly seven years. It may also hike ethanol procurement prices to support mills. These moves follow approval for exporting 1.5 million tonnes of sugar in the 2025-26 season to balance industry profitability and supply.
New Delhi: The government is expected to raise the minimum selling price (MSP) of sugar – after a nearly seven-year pause -by nearly 23% to ₹38 per kg, said people aware of the matter.
The Centre could also increase ethanol procurement price for sugarcane-based feedstock, the people said.
The steps would follow the Centre clearing the export of 1.5 million tonnes of sugar for the 2025-26 season (October-September).
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Source : The Economic Times
