Sugar Spin: Government's Ethanol Explanation Rings Hollow The Indian government's recent rejection of claims linking the current sugar price spike to ethanol production appears to be a deliberate attempt to shift blame.
On the surface, the Centre's assertion that sugarcane diversion for ethanol has decreased and maize now accounts for nearly three fourths of India's ethanol production seems plausible.
However, this convenient explanation obscures the underlying issues plaguing India's sugar industry.