-The Tribune Subsidy given even when sugar rates soared after fall in 2015 Chandigarh: The Punjab Government today decided to recover Rs 223.75 crore from seven private sugar mills, most of them owned by politicians. This recovery is to be made as land revenue arrears for the largesse extended to them by the previous SAD-BJP government. A subsidy of Rs 50 per quintal on the State Advised Price (SAP) of Rs 280-Rs 295...
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Sugarcane dues: A Maha-Glut problem -Parthasarathi Biswas
-The Indian Express While the Devendra Fadnavis government in Maharashtra can claim satisfaction for doing everything possible to ensure payment by mills — and before state polls, hardly three months away — that sentiment isn’t really echoed on the ground. Pune: Maharashtra’s Assembly elections are due in October, which is also when the next 2019-20 sugar season takes off. “The current unpaid dues to our cane growers will be cleared well...
More »Cane dues in Uttar Pradesh may cross Rs 10,000 crore -Harish Damodaran
-The Indian Express The only way to prevent a further piling-up of cane arrears would be via improved sugar realisations, according to a miller. Arrears in payments to cane farmers by sugar mills in Uttar Pradesh (UP) have almost touched Rs 8,500 crore and could cross the Rs 10,000-crore mark by March-end, just ahead of voting for the coming Lok Sabha elections. According to data compiled by the Cane Commissioner’s Office in...
More »Addressing agrarian distress: An alternative 'area planning' price support scheme for farmers -Sher Singh Sangwan
-The Indian Express The existing MSP-based procurement system is fiscally unsustainable. The time has come to consider market intelligence-based regulation of crop production Farmers are always in distress when prices of their produce are subdued. The response of governments, obviously prompted by political pressures, has been to sharply hike minimum support prices (MSP) of crops or declare loan waivers. Thus, the current government at the Centre has significantly raised the MSPs of...
More »Environment Pollution Control Authority shuts NCR rice mills -Parshant Krar
-The Economic Times CHANDIGARH: Around 500 mills across Haryana, Uttar Pradesh and Rajasthan will have to stop operations from November 4, under directions of the Environment Pollution (Prevention & Control) Authority. EPCA has asked all biomass and coal-based industries in the National Capital Region to remain closed to help keep a check on air pollution. The measure will not only affect NCR’s mills but also farmers in paddy-growing states as mills restrict...
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