Odisha

Sugar Production In Odisha Not Profitable: Minister

Bhubaneswar: Food Supplies and Consumer Welfare minister Ranendra Pratap Swain on Wednesday informed the Odisha Assembly that the production of sugar in Odisha was not profitable.

The Minister, in a written reply, said that the state government has sustained loss as the cost of production of sugar was higher than the selling price.

“While production of one kg of sugar costs Rs 47-48, the selling price in the open market is Rs 32. This is not confined to Odisha. This has become a global issue,” he added.

The present production is much less than the state’s annual requirement of 2.21 lakh metric tonne since only two of the eight sugar mills are operational, Swain said.

Due to the shortfall in production, the state is forced to import sugar from the neighbouring state, he added.

On the revival of the six defunct sugar mills, he said the state government had taken steps in this regard and engaged a private agency to conduct a detailed survey of the sick mills.

OB Bureau

Recent Posts

Global Experts Share Latest Insights On Nanomedicine At KIIT-Hosted International Conference

Global Experts Share Latest Insights On Nanomedicine At KIIT-Hosted International Conference

Bhubaneswar: The International Conference on Recent Advances in Nanomedicine brought together more than 500 participants,… Read More

1 minute ago

Shashi Tharoor: Committed To Congress, But Open To Other Options

New Delhi: In a recent statement that has stirred political conversations, Shashi Tharoor reaffirmed his… Read More

37 minutes ago

PM Modi Says Critics Of Mahakumbh Critics Suffer From Slave Mentality

Bhopal: Prime Minister Narendra Modi lashed out at critics of the Mahakumbh Mela at a… Read More

38 minutes ago

Maha Shivratri: 1 Lakh Lamps To Be Lit At This Odisha Temple

Balasore: With the festival of Maha Shivratri fast approaching, hectic preparations are underway at the… Read More

43 minutes ago

Kangana Ranaut Faces Backlash Over Marriage Views Amid Mrs. Controversy

New Delhi: In a recent social media post, actress Kangana Ranaut sparked controversy by defending… Read More

48 minutes ago

Champions Trophy: Kuldeep Bags 3 As India Bowl Out Pakistan For 241 In Dubai Derby

Dubai: India restricted Pakistani to a manageable total in their Group A Champions Trophy clash,… Read More

1 hour ago