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The Nation
Sugar Industry
More decontrol
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Ramesh Sharma Dr C. Rangarajan (centre) along with members of the committee that looked into issues relating to deregulation of the sugar sector, at a press conference in New Delhi on October 12, 2012.

HAVING followed a policy of partial control of the sugar industry since 1966, save for two brief spells of decontrol, the Centre decided to partially decontrol the Rs.80,000-crore industry for the 688-odd sugar mills in the public, private and cooperative sectors. The Cabinet Committee on Economic Affairs (CCEA) approved the move on April 4. The government had progressively pruned the levy obligation on mills from 65 per cent in 1984-85 to 10 per cent in the 2010-11 sugar season (October-September), in lockstep with its neoliberal economic policy.

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