Demand for higher sugar MSP: Understanding the call for change
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In recent discussions, leaders in the sugar industry have been pushing for an increase in the Minimum Selling Price (MSP) for sugar, proposing a significant jump from the current rate of ₹31 per kg to ₹45 per kg. This demand stems from the industry’s assertion that the current MSP fails to cover all the expenses involved in producing and transporting sugar, leaving little room for profitability.
