A slew of recent research papers that offer opposing viewpoints has reignited the old debate --- has poverty in India diminished or increased? Moneycontrol examines the issue.
Deepak Guptara, Secretary of UP Sugar Mill Association, says the only long-term solution to this problem is somehow linking sugar prices and cane prices, for which he has been requesting the government to consider the Rangarajan committee formula.
Investors as well as consumers will be okay if a cap is set at USD 9-10, instead of the one worked out by the Rangarajan Committee formula at USD 8-10 since it is still going to be a 100 percent jump from the current USD 4.2