Which panel set up by the government of india to suggest decontrol of sugar industrt?
Answers
Answer:
A government committee has favoured complete decontrol of the sugar industry, dispensing immediately with the levy sugar obligation and administrative control on non-levy sugar. These recommendations are in line with the industry’s demand for easing controls.The committee, led by C. Rangarajan, Chairman of the Prime Minister’s Economic Advisory Council, pitches for a stable trade policy and a moderate duty on imports and exports, but wants outright ban or quantitative restrictions done away with.
“Even though India contributes 17 per cent to the global sugar output, its share in exports is only four per cent,” the committee said in its report, which was submitted to Prime Minister Manmohan Singh here on Friday.
Export and import policy, it said, should not be guided by domestic availability. The committee suggested the removal of the concept of a minimum distance of 15 km between any two sugar mills, obligating a mill to buy cane from growers within the reservation area. Instead, mills must enter into contracts with farmers. This would help to phase out the cane reservation area and bonding.
Answer:
i dont know
Explanation: