India to Consider Tomorrow Proposal to End Curbs on Sugar Mills
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India, the world’s second-biggest sugar producer, deferred for a day consideration of a proposal to scrap four-decade-old state curbs on mills, Food Minister K.V. Thomas said.
Prime Minister Manmohan Singh will head a cabinet meeting tomorrow that will consider allowing mills to sell sugar freely in the local market, Thomas told reporters in New Delhi today. It will also discuss ending a government program of buying sugar from producers at below-market prices to supply to the poor, he said. Discussion of the proposals was deferred today as some senior ministers including Finance Minister Palaniappan Chidambaram weren’t present at a cabinet meeting, Thomas said.