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BW Businessworld By 2023 We Are Planning To Have Zero Surplus Sugar By Diversion To Ethanol: Abinash Verma, DG, ISMA The Indian Sugar Mill Association (ISMA) is trying to make a road map that every year we can reduce our surplus sugar by 20 lakh tons. And 2023 ISMA is planning to have zero surplus sugar by diversion to ethanol Abinash Verma, Director General of ISMA tells Urvi Shrivastav of BW Businessworld. Excerpts: Photo Credit : How will sugar mills pay outstanding arrears to the farmers, and what role is ISMA playing?  The law of the country says that we must buy all the sugarcane produced and offered by the farmers, even if we are not able to sell it. We buy for five to six months and have to pay the farmers, but we are able to sell the sugar for 17-18 months because there is too much sugar and the domestic requirement is way less. Sugarcane that we buy constitutes almost about 75 per cent of our total cost, and 80 per cent of our revenue comes from sugar alone and about

Amit shahMinimum selling priceHome minister amit shahPrime ministerAbinash vermaஅமித் ஷாகுறைந்தபட்சம் விற்பனை ப்ரைஸ்வீடு அமைச்சர் அமித் ஷாப்ரைம் அமைச்சர்அபிநஸ் வெர்மா