-The Times of India LUCKNOW: A day after sugarcane farmer Satyapal Singh killed himself in Bastauli village of Lakhimpur Kheri, around 200 villagers stormed into the compound of Balrampur Sugar Mill's Buleria unit, protesting against the non-payment of cane arrears. The farmers, who said they intended to cremate Singh's body at the gates of the sugar mill, also vandalised the factory compound, looted the canteen and beat up the mill's chief security...
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UP sugar mills run 'ponzi scheme' to pay farmers' dues -Anil Sasi
-The Indian Express On the surface, the sugar crisis in Uttar Pradesh may seem to be inching closer to a resolution. But cane farmers may have unwittingly mortgaged their land, signing up for crop loans from public sector banks, with the money so raised being used by the mills to pay arrears of a different set of farmers. This model, of mills rotating working capital loans from banks, to deliver pending payouts...
More »Sugar economy faces crisis in riot-hit UP belt -Anil Sasi and Surbhi Khyati
-The Indian Express Riot-hit Muzaffarnagar may now be looking at a crisis in its sugar economy. With private mills in the state refusing to start crushing until the Uttar Pradesh government clarifies cane prices, harvesting of crop that should have begun by now has not yet started. A key cane-growing district, Muzaffarnagar is reported to have the highest agricultural GDP in UP. With recent incidents again bringing the district to a boil,...
More »Government eases curbs on sugar sector- Ragini Verma
-Live Mint CCEA clears recommendations on sugar sector made by Rangarajan panel; subsidy burden to rise Pushing ahead with long-pending reforms of the sugar industry, the cabinet on Thursday approved the dismantling of rules requiring sugar mills to sell the sweetener at below-market prices through the public distribution system (PDS) and abolished curbs on open market sale. The cabinet committee on economic affairs cleared the recommendations made by a panel headed by C....
More »Like US, agriculture ministry needs a wing to collate dependable farm data-Tejinder Narang
-The Economic Times The fear of drought in India has abated with late precipitation of the monsoon in September this year. However, the country continues to suffer from a drought of formalised tabulated data of agro items on a real-time or monthly basis, though many estimates continue to fatigue the print and electronic media. Red or green prices flashing on computer screens are taken for 'granted', but the discovery of future or...
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