Sugar production hit by Red Rot disease, El Nino; govt taking measures: Pralhad Joshi

Sugar production in India is being affected by the Red Rot disease and El Nino weather conditions, which have led to a decline in yields. This development is significant for markets as it may impact the country's ability to meet its sugar demand, potentially leading to higher prices. The government is taking steps to address the issue, including temporary imports of raw sugar, to ensure a stable supply during the upcoming festival season.

Why it matters

Sugar production in India has been affected by the Red Rot disease and El Nino. The government is taking measures to manage sugar availability and rising prices, which may help to mitigate the impact of the disease on the sugar industry.

Market impact

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