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sugar mills News

Pune: Centre’s soft loan scheme fails to help mills as cooperative banks can’t extend any more credit

The scheme, announced by the Centre in February, allows the mills to avail of loans at 7-10 per cent interest rate for a year. It is meant to help sugar mills clear their dues to cane growers, which have run into thousands of crores.

Mills ‘selling product at below MSP rates’: sugar commissioner to probe

The focus of the exercise would be on sales deals that took place right after the MSP was raised in the first week of March, Gaikwad told The Indian Express.

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Sugar mills protest ‘high’ sales quota, say it will make clearing cane dues difficult

The underlying objective seems to be to force mills to sell more sugar in order to generate extra cash flows to liquidate cane arrears, which, according to the Centre, have reached a level of Rs 20,159 crore as on February 22.

Raising Cane: What ails sugar production in Maharashtra

In Maharashtra, offices of around 10 sugar mills were burnt by angry farmers. As farmers count mounting dues, mills point to pending stocks and falling prices. With elections near, The Sunday Express goes to farmers and mills to find out what ails India's sugar heartland.

Maharashtra: Incidents of violence reported as sugar mills only pay part of FRP

As many as 75 mills, including almost all the mills in the sugar bowl of Sangli and Kolhapur, have not paid anything to their growers.

‘Rs 462 cr in dues’: UP govt wants sugar mill owner’s passport seized

The move comes three weeks after Union Minister Satya Pal Singh wrote to UP Sugarcane Development Minister Suresh Rana about Umesh Kumar, owner of Modi Industries Ltd. which runs the Malakpur sugar mill in Baghpat and Modinagar sugar mill in Ghaziabad.

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Pune: After bumper crop, sugar mills eye Chinese markets

While logistically India has an edge over other sugar exporting countries, but apprehension about quality and sustainability of the export item has been a concern.

10-15 sugar mills in Maharashtra started crushing without clearing farmers’ dues: MP Raju Shetti

Sugar mills are not issued crushing licences until they pay 100 per cent of the fair and remunerative price (FRP) to the growers.

Crisis resolved in Kolhapur, sugar mills to start crushing cane

The cane crushing season in the state had started on October 20, but only 65 mills had started their operations. Mills in Western Maharashtra had ceased their operations after members of the Sanghatana and other farmer bodies resorted to violent protests.

We need a mechanism to maintain sugar prices without quota system: Rohit Pawar

Rohit Pawar is the grandnephew of former Union Agriculture Minister Sharad Pawar and had successfully contested the election of Pune Zilla Parishad recently.

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