Ethanol Policy Boosts Sugar Mills' Finances, Not Price Spike, Explains Scientist

Dr. Bakshi Ram emphasized that the ethanol blending program has provided an additional revenue stream for sugar mills, improving their financial health. When excess sugar was available in earlier years, many mills struggled to pay farmers on time. The ethanol scheme allowed surplus sugar to be diverted into ethanol production, ensuring steady cash flow and prompt farmer payments. He asserted that today’s mills are far more financially robust, largely thanks to the ethanol policy, and therefore should not be blamed for recent price increments.