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By:

Rajendra Joshi

3 December 2024 at 9:20:26 am

Sugar industry strains as traders reap profits

Gap between ex-mill prices, retail rates raised questions Kolhapur: The Indian sugar industry is caught in a deepening crisis, with sugar mills struggling to secure remunerative prices for their produce even as traders and middlemen appear to be making substantial profits. While sugar mills are receiving between Rs 4,600 and Rs 4,800 per quintal through recent sale tenders, retail prices have remained as high as Rs 58 per kg. The widening gap between ex-mill prices and retail rates has...

Sugar industry strains as traders reap profits

Gap between ex-mill prices, retail rates raised questions Kolhapur: The Indian sugar industry is caught in a deepening crisis, with sugar mills struggling to secure remunerative prices for their produce even as traders and middlemen appear to be making substantial profits. While sugar mills are receiving between Rs 4,600 and Rs 4,800 per quintal through recent sale tenders, retail prices have remained as high as Rs 58 per kg. The widening gap between ex-mill prices and retail rates has raised serious questions about the role of intermediaries and the effectiveness of the Centre’s efforts to contain sugar prices. The margins available to traders and intermediaries have reportedly crossed 20 per cent, leaving sugar millers perplexed. At a time when both sugarcane growers and mill operators are under financial pressure, the trading chain appears to be benefiting disproportionately. The Centre must examine this growing disparity and take corrective measures to prevent speculative profiteering. Retail sugar prices began rising sharply in August, touching nearly Rs 70 per kg in some markets. The escalation added to inflationary pressures and caused concern among consumers, particularly ahead of the festive season. In response, the Centre introduced a series of measures to improve domestic availability and moderate prices. These included permitting duty-free sugar imports, initially until October 31, a deadline subsequently extended to December 31. The government also directed sugar mills to commence the crushing season from October 15 and tightened monitoring of sugar stocks. In another significant intervention, it modified the ethanol policy, restricting the diversion of sugarcane juice, sugar syrup and B-heavy molasses for ethanol production. Following these measures, sugar mills began witnessing a decline in the prices offered through their sale tenders. Recent transactions have fetched between Rs 4,600 and Rs 4,800 per quintal. Going by the conventional relationship between ex-mill prices and retail rates, sugar should ideally have been available to consumers at less than ₹50 per kg. However, retail prices continue to hover around Rs 58 per kg, pointing to a substantial disconnect between the mill gate and the consumer market. Traditionally, sugar retailing operated on relatively thin margins. Since sugar is an essential commodity, retailers often treated it as a low-margin product to attract customers who would subsequently purchase other household provisions. The margin was sometimes informally equated with the resale value of the empty 50-kg jute bags in which sugar was supplied. This was considered a nominal return for retailers. That traditional pricing mechanism, however, appears to have undergone a significant change. The widening gap between mill-level tender prices and retail rates has created considerable scope for intermediaries to extract higher margins. The critical question is whether the additional amount paid by consumers is reaching the sugar mills or remaining within the trading chain. The issue assumes particular significance in Maharashtra, where the sugarcane pricing dispute has intensified ahead of the new crushing season. Farmers’ organisations have been demanding a minimum price of Rs 5,500 per tonne for sugarcane. Millers, meanwhile, are preparing to agitate for a revision in the Fair and Remunerative Price (FRP) framework and the restoration of a more supportive ethanol policy. The Swabhimani Shetkari Sanghatana, led by Raju Shetti, has taken a firm position that sugar mills should not be allowed to commence operations until farmers receive an acceptable price for their cane. Shetti has also drawn the state government’s attention to the unusually high retail prices of sugar, questioning why consumers continue to pay more even as mills are forced to sell at relatively lower rates. The Centre’s sudden changes to the ethanol policy have further complicated the industry’s financial position. Ethanol production had emerged as an important revenue stream for sugar mills, enabling them to diversify operations, improve cash flows and enhance their capacity to pay farmers. Restrictions on the diversion of sugarcane-based raw materials have weakened this support at a critical juncture. The resulting contradiction is difficult to ignore: farmers are demanding better cane prices, millers are struggling with shrinking realisations and policy uncertainty, while intermediaries appear to be benefiting from the gap between wholesale and retail prices. The government cannot address the sugar crisis merely by regulating mill stocks, imports and ethanol diversion. It must also examine the entire supply chain, identify where the widening margins are accruing and ensure that the benefits of market interventions reach both sugarcane growers and consumers. With nearly Rs 2 lakh crore riding on the sugar economy, allowing intermediaries to thrive while the industry’s primary stakeholders struggle would be a serious policy failure.

Choosing Marriage, Not Chasing It

Jun 7, 2025
3 min read

In an age rife with unsolicited advice, choosing marriage on your own terms is the quietest and boldest revolution.

Growing up in India, one quickly learns that marriage is less a milestone than a societal mandate, especially for women. That eternal question “Shaadi kabkarnihai?” becomes a rite of passage in one’s twenties, echoing like a ticking clock. By thirty, eyebrows rise. Questions, subtle or not, begin to circle. But here is a quiet truth: marriage is not a deadline. It is a matter of readiness, not age.


And yet, despite this cultural pressure, marriage is not a deadline. Nor is it a measure of success. It is, at its best, a conscious decision made with care, maturity and clarity.


I have been fortunate in this regard. My family never tethered my worth to a calendar. Conversations about marriage did happen, but they came laced with concern, not coercion. I recall one evening over tea, when my mother gently broached the topic. “You also have to get married now,” she said. I asked her for two more years. She agreed without hesitation. Those two years came and went, and she never brought it up again.


That kind of quiet trust gave me the freedom to grow. In a world where many are pushed into marriage simply to conform, this breathing space was invaluable.


I am not opposed to marriage. I believe in it deeply. I intend to marry but only when I am ready, and when I find the right partner. I want to enter that bond with awareness, not anxiety. With choice, not compulsion.


This mindset owes much to the family I grew up in. I’ve seen both love marriages and arranged ones. My siblings made different choices with some following their hearts, while others trusting the traditional path. Each choice was accepted without judgment. That balance of autonomy and support is a rare gift in Indian households.


Much of it came from my mother, a quiet force who taught me that strength need not be loud. Life tested her repeatedly but she met it with calm, dignity and resolve. She leads not with command but with grace and patience. Watching her taught me that real leadership lies in trust, not control.


My sister, too, has been a pillar. Together, she and my mother formed a kind of buffer around me by deflecting societal noise and letting me live on my terms. They handled the questions so I didn’t have to. That unspoken solidarity gave me the confidence that no matter what others said, I knew I had my people behind me.


This is perhaps why I’ve never felt pressured to ‘settle down.’ I’ve seen too many women marry early not because they were ready, but because they were told their time was running out. Warnings about fertility. Whispers about respectability. Marriage treated not as a partnership, but a panic response.


Yes, biology plays a role. But marriage is not simply about reproduction; it is about building something lasting with someone who understands and grows with you.


And today’s women are not who they used to be. We are not our grandmothers or even our mothers. We are independent. We chase ambition. We travel alone. We rebuild ourselves after setbacks. Some of us are still figuring out who we are. And that, too, is perfectly valid.


Let us also be realistic: if early marriages fail, so do late ones. There is no formula for a successful union. It is not about when you marry, but whom you marry and why. A well-timed union with the wrong person will still unravel but a delayed one with the right partner can be life-changing. What matters is alignment.


The truth is that a good marriage begins with a good sense of self. One must know who they are before they can know who to share a life with. Marrying from a position of fear – a fear of missing out, of ageing, of judgment - is a recipe for regret.


This is no anti-marriage argument but something to ponder about. If love arrives early, embrace it. If it takes time, so be it. There is no universally ‘right’ age to marry, only the right moment when your heart and mind are in quiet agreement.


It is time we stopped treating marriage as a finish line, and started seeing it for what it can truly be: a conscious, even spiritual partnership built not out of fear or pressure, but out of clarity, trust and joy.


(The writer is a cybersecurity professional and an avid traveler.)

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