Despite the decision taken at a meeting of representatives of farmers, co-op sugar factories and the government, some factories in Ahmednagar district are not paying the revised advances to sugarcane farmers. At the meeting held in Pune on December 19, it was a decision was taken to revise the advances to Rs 1,800 per tonne in Pune region and Rs 1,750 in Marathwada, Khandesh and Vidarbha. However, the payment of...
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Mayawati hikes sugarcane prices by Rs.40 per quintal by Atiq Khan
Uttar Pradesh Chief Minister Mayawati on Tuesday announced an increase of Rs.40 per quintal in the State Advised Price (SAP) of sugarcane for the 2010-11crushing season, which normally begins in November. Describing the move as historic, Ms. Mayawati said such a hefty increase in the procurement price of the three varieties of sugarcane was the maximum, as none of the State governments had given so much raise. The decision to raise the...
More »Sweet pill
Uttar Pradesh is not a state readily associated with dynamic economic reform. But the state has taken giant strides in reforming one of the least reformed industries in India: the sugar industry. The country’s second largest sugar producing state after Maharashtra is undertaking an aggressive privatisation of its state-owned sugar mills. It has, just recently, successfully sold off 10 of the 11 operating units of the state’s Sugar Corporation to...
More »Sugar decontrol decision only after consulting states
Food and Agriculture Minister Sharad Pawar today said the government will not take any decision on decontrol of the sugar sector without consulting the states and the process of which will begin in 8-10 days. "I am going to start the process of discussion with the stakeholders and the state governments in 8-10 days time. Without the consultation, I will not move any proposal (on decontrol) to the Cabinet," he told...
More »Cane farmers may earn less this year
Maharashtra’s sugarcane farmers who reaped a bonanza in 2009-10 due to surging sugar prices may have to settle for a 25-30% loss of income in the upcoming sugar year October 2010-September 2011. Farmers are expecting to be paid at least the Central government-fixed fair remunerative price. But with an estimated 22% jump likely in cane production, it may well become a buyer’s market with mills calling the shots. “I expect...
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