Global sugar deficit expected in 2026-27 as demand outpaces production
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Summary
Sugar output is projected to fall sharply in the European Union, the UK and Thailand, where low sugar prices are prompting farmers to switch to other crops such as cassava
Key Facts
Type Policy
Source BusinessLine - Economy
Published Wednesday, 13 May 2026
Affected Population ~150 million farming households, 42% of workforce
Key Numbers
Agri budget: Rs 1.52 lakh crore (2025-26)
MSP for 23 crops
PM-KISAN: Rs 6,000/year to 9 crore farmers
Rs 15,000 crore for Digital India initiatives
Key Authorities
Key Stakeholders
Government Context
NDA III BJP-led NDA
Left Centre Right