SUGAR PRICE DETERMINATION ORDERS.
Many sugar mills
resort to legal remedy against fixation of sugar price by
the Central Government on different aspect. Significantly,
the principle of price determination on zonal basis, which
was challenged, was upheld by the Supreme Court. The Court
observed that, apart from the impracticability of fixing
prices unitwise in the whole country, the entire object
and purpose of controlling would be defeated by the
adoption of such a system. Unitwise fixation and payment
on that basis would mean perpetuating inefficiency and mis-management
and depriving partial control policy of the incentives for
economy and efficiency inherent in it.
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