By Ankush Chibber, 30-Jan-2012
India has taken a step closer to deregulating its sugar industry with Prime Minister Manmohan Singh constituting a special panel to discuss and examine issues around removing government controls from the sector.
India closer to deregulating its sugar industry
According to a statement issued by Singh’s office, the PM has constituted an expert Committee towards the deregulation aim under the chairmanship of Dr C Rangarajan, chairman of the PM’s Economic Advisory Council (EAC).
Other members of the committee include officials from the finance ministry, the department of food and public distribution, and the department of agriculture, the commission of agriculture costs and prices, and the EAC.
The statement added “that the committee has been empowered to involve such experts, academics as required as special invitees. The committee will look into all the issues relating to deregulation of the sugar sector.”
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