The Union Government recently made certain announcements to provide relief to the sugar industry which is passing through a difficult phase. Which of the following is TRUE in this regard ?A: The statutory minimum price of sugarcane is fixed on a higher level of base recoveryB: The statutory minimum

The Union Government recently made certain announcements to provide relief to the sugar industry which is passing through a difficult phase. Which of the following is TRUE in this regard ?
A: The statutory minimum price of sugarcane is fixed on a higher level of base recovery
B: The statutory minimum price will be determined on the basis of ?average? sugar recovery and not on the basis of ?peak? recovery
C: The rate of interest on loans from the Sugar Development Fund is reduced to a substantial level.
1). Only A
2). Only B
3). Only C
4). Only A & C

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