April 05, 2021 9:45 pm
Nearly 20 lakh tones of cane still remains to be crushed with the season expected to get over by the end of this month. Mills in Pune, Satara, Jalna and Ahmednagar are now mainly in operation.
April 05, 2021 9:38 pm
Sugar Commissioner Shekhar Gaikwad had issued notices to the regional joint directors to check for such sales but till date, no incident of below MSP sale has been officially recorded.
March 21, 2021 5:08 am
On Saturday, two mills in Solapur and one each in Satara and Beed were issued notices of attachment of properties for failing to pay their farmers the government declared Fair and Remunerative Price (FRP) for cane purchased.
February 04, 2021 12:13 am
Low demand has caused distress sales below MSP.
October 07, 2020 8:54 am
As on September 30, mills that were to pay Rs 14,055.27 crore to their farmers in lieu of cane purchased have effected payment of Rs 14,099.42 crore with some mills paying more than the government stipulated Fair and Remunerative Price (FRP) to their growers.
September 24, 2020 2:32 am
The recommendation to stand guarantee for sugar cooperatives comes at a time when the state exchequer is facing a severe cash crunch. A prolonged lockdown has resulted in drying up of revenues, forcing the government to borrow for meeting even the monthly wage bill.
August 07, 2020 12:55 am
Officials said the state government has asked them to ensure the pre-seasonal loans have to be repaid before the end of the season. “So, the banks will not revoke the guarantee and save the government from coughing up the amount if mills fail to repay it,” he said.
March 26, 2020 10:20 pm
Bhairavnath B Thombare, president of the West India Sugar Mills Association (WISMA), said 70 private mills in the state have distillery units of which at least 30-40 could take up production of hand sanitisers.
February 13, 2020 3:20 am
Cong MLA-led mill first beneficiary
October 28, 2019 7:05 am
Because many politicians also own the mills, the government has historically been lax in asserting its rights as an investor. This inefficiency eventually cost the government in the MSC Bank case.