sugar mills

sugar mills News

Banks sanction Rs 2,559 crore: 49 of 172 Maharashtra sugar mills fail to get soft loans

Alarmed by the inability of sugar mills to pay their growers the basic Fair and Remunerative Price (FRP) for the cane purchased, the central government had in March announced a soft loan scheme.

Maharashtra: Mills to share details of harvesters

Will be shared with health officials; mills to ensure children are inoculated

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Punjab: Dhuri sugar mill to be auctioned to pay off dues

Congress candidate Kewal Singh Dhillon had to face protests during a number of his election meetings campaign for Lok Sabha polls by farmers angered by the government’s failure to get pending dues released.

CBI files FIR on ‘irregularities’ in sugar mill disinvestment in UP

Similarly, for the purchase of mills in Ramkola, Chhitauni and Barabanki, Giriyasho Company Pvt Ltd submitted EOI-cum-RFQ on October 19, 2010, with the company’s balance sheet signed by its directors.

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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