Karnataka: CM writes to PM seeking revision of sugar MSP, order on ethanol production
Karnataka Chief Minister D.K. Shivakumar has urged Prime Minister Narendra Modi to revise sugar’s Minimum Selling Price, unchanged at ₹31 per kg since 2019. He noted that sugarcane FRP has increased to ₹3,650 per tonne, while market selling prices have reached ₹45 per kg.
Close on the heels of holding consultations with the protesting sugarcane farmers and representatives of sugar mills, Chief Minister D.K. Shivakumar has written to Prime Minister Narendra Modi seeking revision of the Minimum Selling Price (MSP) of sugar as sugar mill owners have agreed to pass on returns from any increase in MSP of sugar to farmers.
In the letter written on Friday, the Chief Minister pointed out that the MSP of sugar has remained unchanged at ₹31 per kg since 2019, though the FRP (Fair and Remunerative Prices) for sugarcane has risen from ₹2,750 to ₹3,650 per tonne during this time. Pointing out that the selling prices of sugar stood at ₹45 per kg, he argued that a revision in MSP for sugar would not raise consumer prices.
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Source : The Hindu
