Government likely to reduce sale price of FCI rice for ethanol production; may allow sugar export
India's government grapples with a massive rice surplus, exceeding four times the required stock. Despite offering a large quantity for ethanol production, there are no takers. To address this, the government considers lowering the sale price for distilleries and potentially allowing sugar exports to manage the excess stock.
India's government grapples with a massive rice surplus, exceeding four times the required stock. Despite offering a large quantity for ethanol production, there are no takers. To address this, the government considers lowering the sale price for distilleries and potentially allowing sugar exports to manage the excess stock.
