Statement: With the record output, sugar prices have dropped from an average of Rs 37 a kg in the previous season to Rs 26 in the current season which results in the sugar mills’ dues to farmers stands at Rs 22,000 crore. Which of the following is an immediate course of action for the given statement?
I. The cabinet committee should allocate Rs 7000 crore package to sugar sector with a special Cess under GST to alleviate distress among sugarcane farmers.
II. The government should procure sugar from mills at a xed minimum price to help them clear dues to farmers.
III. The government should levy minimum prices and oer special incentives to increase the production of molasses and ethanol.