Watch: Why has sugar become so expensive?
Sugar prices have surged across India, rising by around 40% in a year, and by as much as 50% in some States.
In eight States, including Uttarakhand, Punjab, Madhya Pradesh and Odisha, prices have crossed ₹65 a kilogram.
The all-India average retail price of sugar stood at ₹62.47 a kilogram on August 23, nearly 35% higher than the same day last year.
On July 23, the average price was ₹48.62.
So, why has sugar suddenly become so expensive? And why are people connecting it with Ethanol?
5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on www.thehindu.com — the content belongs to The Hindu - National.
