India: ISMA calls for adoption of global practices, cane pricing


The Indian Sugar Mills Association (ISMA) has called for adoption of international laws and practices on cane pricing. Cane price should be automatically determined as a percentage of revenue from sugar and/or by-products, top officials of the association said.

“If India has to become competitive, cane pricing policy should be rationalised quickly because there is a need to give price signals to farmers in India,” Abhinash Verma, director general, ISMA, told private sugar millers in Pune at the AGM of the Western India Sugar Mills Association (WISMA).


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