When inflation is hitting companies across the board, why should sugar mills be left behind? The government has increased India’s centralized sugarcane procurement price—the Fair and Remunerative Price (FRP) by 5.2 percent for the forthcoming sugar season, marking the highest percentage increase since 2018-19. A crucial aspect is how much the state advised price (SAP) increases in states such as Uttar Pradesh, a large sugar-producing state. The SAP overrides the FRP and a higher increase could burden sugar mills...
Moneycontrol Pro Panorama | After US, will inflation ease in India?
Aug 11, 2022 / 03:21 PM IST
In today’s edition of Moneycontrol Pro Panorama: Nitish Kumar outfoxes BJP in Bihar, the Fed’s tightening may not be working, Nykaa may take on more gloss, and moreRead Now
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