Sugar, alcohol, beverage industries under stress in Karnataka: Study

Bengaluru | Tuesday | 3rd March, 2020

Summary:

By Express News ServiceBENGALURU: Over-regulation and pricing in the sugarcane industry, erratic growth in the alcohol and beverage industry and lack of uniformity of licences in the tourism industry — these were some of the findings of a study conducted in Karnataka. The study — An Integrated Value Chain Approach to Ease of Doing Business: A Case Study of Sugar, Alco-Bev, and Tourism — conducted by the Pahle India Foundation, was released in the city on Monday. Close to 44 procedures and approvals are needed for production and movement of alcohol,” the study pointed out. As for sugar growth, the report stated that it was highly regulated, almost over regulated, and the industry was under immense stress. “One of the primary problems faced by the sugar industry is with regard to the pricing of sugarcane..