NIFTY MIDCAP 200

The Centre has constituted a committee chaired by former NITI Aayog member Ramesh Chand to examine concerns raised by farmers, particularly those from Karnataka and Maharashtra, and recommend appropriate measures. The committee comprises the Agriculture Commissioner in the Ministry of Agriculture and Farmers Welfare; the Joint Secretary (Sugar) in the Department of Food and Public Distribution; and the Joint Secretary (Legal Metrology) in the Department of Consumer Affairs. The move follows a meeting between representatives of sugarcane farmers from the two states and Union Agriculture Minister Shivraj Singh Chouhan and Union Food Minister Pralhad Joshi.

On October 12, the two ministers held detailed discussions at the Pusa campus with a delegation of farmers from the two major sugarcane-growing states. About 80-90 farmers from different organisations attended, along with state ministers. Farmers have sought a higher support price, citing rising production costs. They have also demanded that the minimum selling price (MSP) of sugar be raised from Rs 31 per kg to Rs 50 per kg.

According to the food ministry, the committee will look into the farmers' demand for higher remunerative returns, taking into account the cost of cultivation and other relevant factors. It will also examine the demand for revising the ex-mill MSP of sugar, in view of production costs, market realisations and the financial viability of sugar mills. Among other issues, the committee will review existing mechanisms for testing and reporting sugar recovery, and suggest measures to ensure transparent verification. It will also assess sugarcane weighment practices at mills, including the adequacy of calibration, inspection and verification systems.

The committee will further examine practices relating to deductions from the weight of mechanically harvested sugarcane and assess the extent of actual losses, if any, caused by mechanised harvesting. It will evaluate how the current practices affect the cane price payable to farmers, and may consider any other related matters it deems necessary. The committee will consult all stakeholders, including farmers' representatives, sugar mill associations, state governments, and other experts or organisations. It will submit its report, with findings and specific recommendations, 'as early as possible' for consideration by the competent authority.