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Farm ministry favours Rs.1.5/kg rise in sugar production tax

Farm minister Sharad Pawar says his ministry is endorsing food ministry’s proposal on the sugar production tax
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First Published: Mon, Feb 18 2013. 02 29 PM IST
The current tax on sugar production in India, the world’s top sugar consumer and biggest producer after Brazil, is around `0.71 per kg. Photo: Mint
The current tax on sugar production in India, the world’s top sugar consumer and biggest producer after Brazil, is around Rs.0.71 per kg. Photo: Mint
New Delhi: India’s farm ministry favours raising by Rs.1.50 ($0.03) per kg the tax on sugar production, farm minister Sharad Pawar said on Monday.
“We are endorsing the food ministry’s proposal on this (sugar production tax),” Pawar said.
The current tax on sugar production in India, the world’s top sugar consumer and biggest producer after Brazil, is around Rs.0.71 per kg.
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First Published: Mon, Feb 18 2013. 02 29 PM IST
More Topics: Sugar | Sharad Pawar | tax | food ministry |
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