Govt hikes sugarcane FRP 23.5% for 2013-14
"Earlier, we had estimated sugar output for 2012-13 at 23.5 million tonnes. Now, this has been revised to 24 million tonnes, whereas ISMA (Indian Sugar Mills Association) estimated 24.2 million tonnes,Ē the minister said.
This yearís production is expected to be slightly lower than the 26 million tonnes achieved in 2011-12 but sufficient to meet the domestic demand of 22 million tonnes, he added.
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