Union Minister Nitin Gadkari on Sunday said adoption of a new sugarcane variety with 14 per cent sugar recovery rate could boost Maharashtra's economy by Rs 25,000 crore.
"Brazil has developed a sugarcane breed through biotechnology that offers 14 per cent sugar recovery. If we use a similar variety in Maharashtra, it could positively impact our state's economy by Rs 25,000 crore," Gadkari said in his address at the silver jubilee programme of Saturday Club Global Trust in Nagpur.
The minister said he had shared detailed information about the high-yield sugarcane breed with Vasantdada Sugar Institute and had asked it to work on developing an equivalent variety suited for local conditions.
Copyright © 2017 Indian Grapevine a unit of Integrated Media Enterprises
