1. Sugar alert
Sugar prices are expected to soon follow the dismal trends seen in pulses and edible oil. Thanks to the government mandating the export of 4 million tonnes in the current season, the price of sugarcane that is ready for harvest is gradually inching up. Food minister Ram Vilas Paswan’s move is good news for the sugar mills and the farmers who hope to see better remunerations after three years of little or no gains. But for consumers, it means having to pay more during the festive season. Wonder why the government does not use export subsidies to provide cheaper sugar to the BPL families and help farmers instead of the sugar exporters?