• ABOUT US
  • CONTACT
  • TEAM
  • TERMS & CONDITIONS
  • GUEST POSTS
Saturday, October 31, 2026
  • Login
Economy India
No Result
View All Result
  • Home
  • Economy
  • Business
  • Finance
  • Gold & Silver
  • National
  • State
  • People
  • Companies
  • More
    • Insurance
    • Interview
    • Featured
    • Health
    • Technology
    • Entrepreneurship
    • Opinion
    • CSR
    • Stories
  • Home
  • Economy
  • Business
  • Finance
  • Gold & Silver
  • National
  • State
  • People
  • Companies
  • More
    • Insurance
    • Interview
    • Featured
    • Health
    • Technology
    • Entrepreneurship
    • Opinion
    • CSR
    • Stories
No Result
View All Result
Economy India
No Result
View All Result
Home news

Sugar Price Rise: CPI(M) Blames Ethanol Policy, Says Raksha Bandhan Will Be ‘Less Sweet’

by Economy India
August 23, 2026
Reading Time: 2 mins read
Sugar price rise

Sugar price rise

SHARESHARESHARESHARE

BHOPAL, (Economy india): The Communist Party of India (Marxist) has criticised the BJP-led central government over the recent rise in sugar prices, alleging that the diversion of sugarcane towards ethanol production has reduced sugar availability and increased the burden on consumers.

The CPI(M) said the price rise could make the upcoming Raksha Bandhan festival, to be celebrated on August 28, “less sweet” for families. The party has demanded that the government take immediate steps to bring sugar prices under control. 

Madhya Pradesh CPI(M) secretary Jaswinder Singh alleged that the government was prioritising the interests of ethanol producers and corporate houses over consumers. He claimed that around 25 lakh tonnes of sugarcane had been diverted for ethanol production, contributing to tighter sugar supplies and higher prices. 

Sugar prices have risen sharply in recent weeks. According to the government, the average price increased from ₹48.18 per kg on July 20 to ₹55.70 per kg on August 20. 

19th India CSR Leadership Summit 2026
ADVERTISEMENT

However, the Centre has rejected the allegation that ethanol diversion is responsible for the price increase. The government said the share of sugar diverted for ethanol had actually declined from around 12 per cent in 2022-23 to about 9 per cent in 2025-26. It attributed the price rise to lower-than-expected sugar production, festive demand, weather-related crop damage, global supply concerns, and speculation or hoarding. 

The government has announced several measures to increase availability, including allowing duty-free imports of 10 lakh tonnes of raw sugar and imposing stock limits on traders. 

With Raksha Bandhan approaching, the dispute over the reasons behind the sugar price surge has added to concerns among consumers and sweet manufacturers ahead of the festive season. 

(Economy india)

Source: Economy India
Tags: Central GovernmentConsumer PricesCPI(M)Ethanol BlendingEthanol PolicyIndia NewsRaksha Bandhansugar industrySugar PriceSugar Prices India
Economy India

Economy India

Economy India is one of the largest media on the Indian economy. It provides updates on economy, business and corporates and allied affairs of the Indian economy. It features news, views, interviews, articles on various subject matters related to the economy and business world.

Related Posts

Narendra Modi, Benjamin Netanyahu, India-Israel Relations, West Asia, Middle East Peace, Indian Foreign Policy, Dialogue and Diplomacy, Special Strategic Partnership, Gaza Peace Initiative
news

PM Modi Receives Call from Netanyahu, Discusses Peace and Stability in West Asia

October 22, 2026
How a 17-Year-Old Is Bringing Financial Literacy to Women in India
news

How a 17-Year-Old Is Bringing Financial Literacy to Women in India

October 22, 2026
The “Made for Business” platform aims to coordinate land, power, infrastructure, approvals and skilled manpower for investors from project implementation through expansion.
news

‘Invest Maharashtra’ Platform Launched; 67 MoUs With Proposed Investment of Rs 8.57 Lakh Crore Signed

October 2, 2026
Indian Women’s Recurve Team Wins Historic Asian Games Gold; Mixed Pair Reaches Final
news

Indian Women’s Recurve Team Wins Historic Asian Games Gold; Mixed Pair Reaches Final

October 2, 2026
Andhra Pradesh CM Lays Foundation for Rs 11,360 Crore Projects Across State
news

Andhra Pradesh CM Lays Foundation for Rs 11,360 Crore Projects Across State

September 22, 2026
FSSAI Takes Action Against Nestlé India Over Infant Food Claims, Biotin Levels
news

FSSAI Takes Action Against Nestlé India Over Infant Food Claims, Biotin Levels

September 21, 2026
Next Post
10-day yoga naturopathy programme

Ten Days of Yoga, Naturopathy May Alter Stress-Regulation System for Months: Study

ESG Professional Network
ADVERTISEMENT

LATEST NEWS

Sun Pharma Q2 FY27 Profit Falls 36.36% to ₹1,989 Crore; Revenue Rises 11.9% to ₹16,199 Crore

PM Modi to Visit Gujarat on October 30–31; ₹14,000 Crore Projects, PM-KISAN Instalment and Metro Expansion on Agenda

Bank of Baroda Posts Record Quarterly Profit of ₹6,532 Crore in Q2 FY27, Up 35.8%

Bajaj Finance Raises Personal Loan Limit to ₹75 Lakh from ₹55 Lakh

IndoStar Capital Finance Q2 FY27: Disbursements Jump 51% to ₹1,399 Crore; AUM Reaches ₹8,459 Crore

IDBI Bank Divestment Row: Sitharaman Accuses Congress, UPA of Treating Banks as ‘Personal Entities’

Adani Ports Shares Jump Over 5% After Q2 Profit Rises 18% to ₹3,682.44 Crore

Sensex, Nifty Rise in Early Trade on Reliance Buying, Foreign Fund Inflows

  • ABOUT US
  • CONTACT
  • TEAM
  • TERMS & CONDITIONS
  • GUEST POSTS

Copyright © 2024 - Economy India | All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Economy
  • Business
  • Finance
  • Gold & Silver
  • National
  • State
  • People
  • Companies
  • More
    • Insurance
    • Interview
    • Featured
    • Health
    • Technology
    • Entrepreneurship
    • Opinion
    • CSR
    • Stories

Copyright © 2024 - Economy India | All Rights Reserved