00:00Let's turn to tonight's Get Real India story.
00:03This festive season, the sweetness of celebrations could come at a higher price.
00:08Sugar has jumped to 58 rupees to 60 rupees a kilo, even higher in some markets.
00:13And Maharashtra's sugar production could fall by as much as 10 lakh metric tons this year
00:18due to drought in several districts.
00:21Will festive sweets get costlier?
00:24Let's take a look at tonight's ground report.
00:27Get Real India.
00:48Sugar prices could prove a dampener this Diwali.
00:56The price of sugar has increased from around 40 to 45 rupees per kilogram to 58 to 60 rupees.
01:04There is more to worry.
01:06It is estimated that sugar production in Maharashtra could decline by approximately 10 lakh metric tons.
01:13Drought is likely to adversely affect sugarcane yields, which in turn could impact sugar production.
01:24The prospect of rising sugar prices ahead of Diwali has raised concerns among the armadmi.
01:50Further rise in sugar prices would mean sweets will get expensive.
01:56The price of sugar.
01:57From the time of sugar, everything will be mixed in the day.
01:59The period of Diwali has confirmed that our budget will be priced.
02:04Because the things that we will be made in Diwali, which is the sweet food, food, food, food, meal, food,
02:18food.
02:23Last year, Maharashtra had recorded sugar production of 99 lakh metric tons.
02:29Production this year is estimated to decline to 89 lakh metric tons.
02:36The extent to which this projected decline in production will drive up retail sugar prices
02:41will depend on market demand, available stock and government policies.
02:48With Shree Krishna Panchal, Bureau Report, India Today.
