{"id":20578,"date":"2024-06-26T11:52:08","date_gmt":"2024-06-26T06:22:08","guid":{"rendered":"https:\/\/edunovations.com\/currentaffairs\/?p=20578"},"modified":"2024-06-26T11:52:10","modified_gmt":"2024-06-26T06:22:10","slug":"international-sugar-organisation-64th-international-sugar-organisation-council-meeting-in-new-delhi-focuses-on-global-sugar-industry-issues-sustainable-practices","status":"publish","type":"post","link":"https:\/\/edunovations.com\/currentaffairs\/international\/international-sugar-organisation-64th-international-sugar-organisation-council-meeting-in-new-delhi-focuses-on-global-sugar-industry-issues-sustainable-practices\/","title":{"rendered":"64th International Sugar Organisation Council Meeting: India&#8217;s Leadership and Key Insights"},"content":{"rendered":"\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_83 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/edunovations.com\/currentaffairs\/international\/international-sugar-organisation-64th-international-sugar-organisation-council-meeting-in-new-delhi-focuses-on-global-sugar-industry-issues-sustainable-practices\/#64th_International_Sugar_Organisation_Council_Meeting_in_New_Delhi\" >64th International Sugar Organisation Council Meeting in New Delhi<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/edunovations.com\/currentaffairs\/international\/international-sugar-organisation-64th-international-sugar-organisation-council-meeting-in-new-delhi-focuses-on-global-sugar-industry-issues-sustainable-practices\/#Introduction_to_the_Meeting\" >Introduction to the Meeting<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/edunovations.com\/currentaffairs\/international\/international-sugar-organisation-64th-international-sugar-organisation-council-meeting-in-new-delhi-focuses-on-global-sugar-industry-issues-sustainable-practices\/#Indias_Role_as_Chairman\" >India&#8217;s Role as Chairman<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/edunovations.com\/currentaffairs\/international\/international-sugar-organisation-64th-international-sugar-organisation-council-meeting-in-new-delhi-focuses-on-global-sugar-industry-issues-sustainable-practices\/#Global_Sugar_Industry_Insights\" >Global Sugar Industry Insights<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/edunovations.com\/currentaffairs\/international\/international-sugar-organisation-64th-international-sugar-organisation-council-meeting-in-new-delhi-focuses-on-global-sugar-industry-issues-sustainable-practices\/#Fair_and_Remunerative_Prices_for_2024-25\" >Fair and Remunerative Prices for 2024-25<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/edunovations.com\/currentaffairs\/international\/international-sugar-organisation-64th-international-sugar-organisation-council-meeting-in-new-delhi-focuses-on-global-sugar-industry-issues-sustainable-practices\/#Inauguration_and_Key_Highlights\" >Inauguration and Key Highlights<\/a><\/li><\/ul><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/edunovations.com\/currentaffairs\/international\/international-sugar-organisation-64th-international-sugar-organisation-council-meeting-in-new-delhi-focuses-on-global-sugar-industry-issues-sustainable-practices\/#Why_This_News_is_Important\" >Why This News is Important<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/edunovations.com\/currentaffairs\/international\/international-sugar-organisation-64th-international-sugar-organisation-council-meeting-in-new-delhi-focuses-on-global-sugar-industry-issues-sustainable-practices\/#Enhancing_Indias_Global_Role\" >Enhancing India&#8217;s Global Role<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/edunovations.com\/currentaffairs\/international\/international-sugar-organisation-64th-international-sugar-organisation-council-meeting-in-new-delhi-focuses-on-global-sugar-industry-issues-sustainable-practices\/#Focus_on_Sustainability\" >Focus on Sustainability<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/edunovations.com\/currentaffairs\/international\/international-sugar-organisation-64th-international-sugar-organisation-council-meeting-in-new-delhi-focuses-on-global-sugar-industry-issues-sustainable-practices\/#Economic_Implications\" >Economic Implications<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/edunovations.com\/currentaffairs\/international\/international-sugar-organisation-64th-international-sugar-organisation-council-meeting-in-new-delhi-focuses-on-global-sugar-industry-issues-sustainable-practices\/#Technological_Advancements\" >Technological Advancements<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/edunovations.com\/currentaffairs\/international\/international-sugar-organisation-64th-international-sugar-organisation-council-meeting-in-new-delhi-focuses-on-global-sugar-industry-issues-sustainable-practices\/#International_Collaboration\" >International Collaboration<\/a><\/li><\/ul><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/edunovations.com\/currentaffairs\/international\/international-sugar-organisation-64th-international-sugar-organisation-council-meeting-in-new-delhi-focuses-on-global-sugar-industry-issues-sustainable-practices\/#Historical_Context\" >Historical Context<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/edunovations.com\/currentaffairs\/international\/international-sugar-organisation-64th-international-sugar-organisation-council-meeting-in-new-delhi-focuses-on-global-sugar-industry-issues-sustainable-practices\/#Formation_of_the_ISO\" >Formation of the ISO<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/edunovations.com\/currentaffairs\/international\/international-sugar-organisation-64th-international-sugar-organisation-council-meeting-in-new-delhi-focuses-on-global-sugar-industry-issues-sustainable-practices\/#Indias_Position_in_the_Global_Sugar_Industry\" >India\u2019s Position in the Global Sugar Industry<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/edunovations.com\/currentaffairs\/international\/international-sugar-organisation-64th-international-sugar-organisation-council-meeting-in-new-delhi-focuses-on-global-sugar-industry-issues-sustainable-practices\/#Previous_ISO_Council_Meetings\" >Previous ISO Council Meetings<\/a><\/li><\/ul><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/edunovations.com\/currentaffairs\/international\/international-sugar-organisation-64th-international-sugar-organisation-council-meeting-in-new-delhi-focuses-on-global-sugar-industry-issues-sustainable-practices\/#Key_Takeaways_from_the_64th_ISO_Council_Meeting\" >Key Takeaways from the 64th ISO Council Meeting<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/edunovations.com\/currentaffairs\/international\/international-sugar-organisation-64th-international-sugar-organisation-council-meeting-in-new-delhi-focuses-on-global-sugar-industry-issues-sustainable-practices\/#Important_FAQs_for_Students_from_this_News\" >Important FAQs for Students from this News<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/edunovations.com\/currentaffairs\/international\/international-sugar-organisation-64th-international-sugar-organisation-council-meeting-in-new-delhi-focuses-on-global-sugar-industry-issues-sustainable-practices\/#1_What_is_the_International_Sugar_Organisation_ISO\" >1. What is the International Sugar Organisation (ISO)?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/edunovations.com\/currentaffairs\/international\/international-sugar-organisation-64th-international-sugar-organisation-council-meeting-in-new-delhi-focuses-on-global-sugar-industry-issues-sustainable-practices\/#2_Why_is_the_64th_ISO_Council_meeting_significant\" >2. Why is the 64th ISO Council meeting significant?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/edunovations.com\/currentaffairs\/international\/international-sugar-organisation-64th-international-sugar-organisation-council-meeting-in-new-delhi-focuses-on-global-sugar-industry-issues-sustainable-practices\/#3_What_are_Fair_and_Remunerative_Prices_FRP_for_sugarcane\" >3. What are Fair and Remunerative Prices (FRP) for sugarcane?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/edunovations.com\/currentaffairs\/international\/international-sugar-organisation-64th-international-sugar-organisation-council-meeting-in-new-delhi-focuses-on-global-sugar-industry-issues-sustainable-practices\/#4_How_does_India_contribute_to_the_global_sugar_industry\" >4. How does India contribute to the global sugar industry?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-23\" href=\"https:\/\/edunovations.com\/currentaffairs\/international\/international-sugar-organisation-64th-international-sugar-organisation-council-meeting-in-new-delhi-focuses-on-global-sugar-industry-issues-sustainable-practices\/#5_What_are_the_key_topics_discussed_at_the_64th_ISO_Council_meeting\" >5. What are the key topics discussed at the 64th ISO Council meeting?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-24\" href=\"https:\/\/edunovations.com\/currentaffairs\/international\/international-sugar-organisation-64th-international-sugar-organisation-council-meeting-in-new-delhi-focuses-on-global-sugar-industry-issues-sustainable-practices\/#Some_Important_Current_Affairs_Links\" >Some Important Current Affairs Links<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"64th_International_Sugar_Organisation_Council_Meeting_in_New_Delhi\"><\/span>64th International Sugar Organisation Council Meeting in New Delhi<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Introduction_to_the_Meeting\"><\/span>Introduction to the Meeting<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p>The 64th International Sugar Organisation (ISO) Council meeting commenced on June 25, 2024, at Bharat Mandapam in New Delhi. This significant event gathers delegates from over 30 countries to discuss pivotal issues concerning the global sugar and biofuel industries. The meeting, scheduled from June 25-27, 2024, is a vital platform for collaboration and knowledge sharing among international stakeholders.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Indias_Role_as_Chairman\"><\/span>India&#8217;s Role as Chairman<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p>India assumed the chairmanship of the ISO for 2024 during the 63rd ISO Council meeting in London. As the current chair, India is hosting the 64th meeting, led by Sanjeev Chopra, Secretary of the Department of Food and Public Distribution, Ministry of Consumer Affairs, Government of India. This role underscores India\u2019s strategic importance in the global sugar industry.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Global_Sugar_Industry_Insights\"><\/span>Global Sugar Industry Insights<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p>The ISO reports that 110 countries produce sugar, primarily from sugarcane and sugar beet, with 80% of the world\u2019s sugar derived from sugarcane. Brazil leads as the largest producer, followed by India, which is also the largest consumer and second-largest producer of sugar. India contributes about 15% to global sugar consumption and 20% to production. Additionally, India ranks as the third-largest producer of ethanol, a biofuel made from sugarcane molasses.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Fair_and_Remunerative_Prices_for_2024-25\"><\/span>Fair and Remunerative Prices for 2024-25<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p>The Indian government has announced the Fair and Remunerative Prices (FRP) for the 2024-25 sugarcane season. The minimum FRP is set at Rs 315.10 per quintal for a sugar recovery rate of 9.5% or less, with higher rates for better recovery. This pricing strategy aims to ensure fair compensation for farmers and promote sustainable agricultural practices.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Inauguration_and_Key_Highlights\"><\/span>Inauguration and Key Highlights<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p>Union Minister Pralhad Joshi inaugurated the meeting, emphasizing India\u2019s commitment to farmer welfare and advancements in the sugar and biofuel sectors. Sanjeev Chopra highlighted the importance of sustainable practices and international collaboration. Workshops on topics like sustainability, mechanization, and green hydrogen were key features, promoting technological advancements in the industry.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\" id=\"International-Sugar-Organisation-meeting\"><img decoding=\"async\" src=\"https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2024\/06\/International-Sugar-Organisation-meeting.jpeg\" alt=\"International Sugar Organisation meeting\n\" class=\"wp-image-20579\" width=\"551\" height=\"297\" title=\"International Sugar Organisation meeting\" srcset=\"https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2024\/06\/International-Sugar-Organisation-meeting.jpeg 306w, https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2024\/06\/International-Sugar-Organisation-meeting-300x162.jpeg 300w\" sizes=\"(max-width: 551px) 100vw, 551px\" \/><figcaption class=\"wp-element-caption\">International Sugar Organisation meeting<\/figcaption><\/figure>\n<\/div>\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_This_News_is_Important\"><\/span>Why This News is Important<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Enhancing_Indias_Global_Role\"><\/span>Enhancing India&#8217;s Global Role<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p>The chairmanship of the ISO Council by India for 2024 highlights its growing influence in the global sugar industry. This leadership role allows India to shape international policies and collaborate on critical issues affecting the sector.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Focus_on_Sustainability\"><\/span>Focus on Sustainability<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p>The discussions on sustainable practices in the sugar and biofuel industries are crucial. With climate change posing significant challenges, promoting sustainable agricultural practices and advancing biofuel technology are essential for environmental conservation.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Economic_Implications\"><\/span>Economic Implications<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p>The announcement of the Fair and Remunerative Prices (FRP) for the 2024-25 season is vital for India&#8217;s sugarcane farmers. Ensuring fair compensation encourages better production practices, contributing to the economic stability of the agricultural sector.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Technological_Advancements\"><\/span>Technological Advancements<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p>Workshops on topics like farm mechanization, digitization, and green hydrogen underscore the importance of innovation in agriculture. These advancements can lead to increased efficiency, reduced costs, and improved environmental outcomes.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"International_Collaboration\"><\/span>International Collaboration<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p>The meeting provides a platform for international cooperation, essential for addressing global challenges in the sugar and biofuel sectors. Collaborative efforts can lead to shared solutions, benefiting all member countries.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Historical_Context\"><\/span>Historical Context<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Formation_of_the_ISO\"><\/span>Formation of the ISO<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p>The International Sugar Organisation was established in 1968 to provide a forum for major sugar-producing, consuming, and trading countries to discuss industry-related issues. With 87 member countries, the ISO represents a significant portion of global sugar production and trade.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Indias_Position_in_the_Global_Sugar_Industry\"><\/span>India\u2019s Position in the Global Sugar Industry<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p>Historically, India has been a major player in the global sugar industry. As the second-largest producer and largest consumer of sugar, India&#8217;s policies and practices significantly impact global markets. The country has also been advancing in ethanol production, contributing to its strategic importance in the biofuel sector.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Previous_ISO_Council_Meetings\"><\/span>Previous ISO Council Meetings<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p>The ISO Council sessions are held biannually, mainly in May and November, to address global sugar industry policies. These meetings have historically been pivotal in shaping international sugar trade regulations and promoting industry advancements.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Key_Takeaways_from_the_64th_ISO_Council_Meeting\"><\/span>Key Takeaways from the 64th ISO Council Meeting<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table><thead><tr><th>Serial No.<\/th><th>Key Takeaway<\/th><\/tr><\/thead><tbody><tr><td>1<\/td><td>India chairs the 64th ISO Council meeting in 2024.<\/td><\/tr><tr><td>2<\/td><td>Global sugar industry insights and India&#8217;s leading role.<\/td><\/tr><tr><td>3<\/td><td>Announcement of Fair and Remunerative Prices for 2024-25.<\/td><\/tr><tr><td>4<\/td><td>Emphasis on sustainable practices and biofuel advancements.<\/td><\/tr><tr><td>5<\/td><td>Importance of international collaboration and technological innovation.<\/td><\/tr><\/tbody><\/table><figcaption class=\"wp-element-caption\">International Sugar Organisation meeting<\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Important_FAQs_for_Students_from_this_News\"><\/span>Important FAQs for Students from this News<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"1_What_is_the_International_Sugar_Organisation_ISO\"><\/span>1. What is the International Sugar Organisation (ISO)?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>The International Sugar Organisation (ISO) is an intergovernmental body established in 1968 to provide a forum for major sugar-producing, consuming, and trading countries to discuss industry-related issues. It has 87 member countries representing a significant portion of global sugar production and trade.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"2_Why_is_the_64th_ISO_Council_meeting_significant\"><\/span>2. Why is the 64th ISO Council meeting significant?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>The 64th ISO Council meeting is significant as it addresses global sugar and biofuel industry issues, promotes international collaboration, and highlights India\u2019s role as the chair for 2024, emphasizing sustainable practices and technological advancements in the sector.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"3_What_are_Fair_and_Remunerative_Prices_FRP_for_sugarcane\"><\/span>3. What are Fair and Remunerative Prices (FRP) for sugarcane?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Fair and Remunerative Prices (FRP) are the minimum prices set by the government to ensure fair compensation for sugarcane farmers. For the 2024-25 season, the FRP is set at Rs 315.10 per quintal for a sugar recovery rate of 9.5% or less, with higher rates for better recovery.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"4_How_does_India_contribute_to_the_global_sugar_industry\"><\/span>4. How does India contribute to the global sugar industry?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>India is the largest consumer and second-largest producer of sugar, contributing about 15% to global sugar consumption and 20% to production. It also ranks as the third-largest producer of ethanol, a biofuel made from sugarcane molasses.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"5_What_are_the_key_topics_discussed_at_the_64th_ISO_Council_meeting\"><\/span>5. What are the key topics discussed at the 64th ISO Council meeting?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Key topics include sustainability in the sugar and biofuel industries, fair pricing for farmers, technological advancements like farm mechanization and green hydrogen, and international collaboration to address global challenges in the sector.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Some_Important_Current_Affairs_Links\"><\/span>Some Important Current Affairs Links<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button is-style-outline is-style-outline--1\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairs\/category\/national\/\" target=\"_blank\" rel=\"noreferrer noopener\">State Current Affairs<\/a><\/div>\n\n\n\n<div class=\"wp-block-button is-style-outline 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This significant event gathers delegates from over 30 countries to discuss pivotal issues concerning the global sugar and biofuel industries. The meeting, scheduled&#8230;<\/p>\n","protected":false},"author":6,"featured_media":20580,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11,161],"tags":[12770,12771,12773,12772,761],"class_list":["post-20578","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-international","category-summit_and_conference","tag-biofuel-production","tag-global-sugar-industry","tag-india-sugar-policy","tag-iso-council-meeting","tag-sustainable-agriculture"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/posts\/20578","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/comments?post=20578"}],"version-history":[{"count":0,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/posts\/20578\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/media\/20580"}],"wp:attachment":[{"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/media?parent=20578"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/categories?post=20578"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/tags?post=20578"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}