-The Hindu Lower surplus, higher prices could help reduce arrears to farmers in poll bound U.P. and Punjab Unseasonal rains in Uttar Pradesh and a higher diversion to ethanol production are likely to result in a drop in sugar production this year, according to industry estimates. With average retail sugar prices also on the rise, a reduction in surplus sugar could help speed up cane payments by mills and reduce their pending...

-The Indian Express UP mills have, in the current 2019-20 sugar season (October-September) as of May 8, crushed 10,565.49 lakh quintals of cane and produced 120.01 lakh tonnes (lt) of sugar. With cane payment arrears to farmers crossing Rs 14,200 crore, sugar mills in Uttar Pradesh have sought a cash subsidy bailout from the state government to enable them to discharge their outstanding dues. “In this hour of deep crisis, we look upon...

-Deccan Chronicle Seek a state-level intervention corporation. Hyderabad: The latest decision of the Centre to enhance minimum support price (MSP) for 14 crops has triggered a fresh debate on the cost of production and the procurement mechanism. Farmers say that the increase in MSP was a mere political decision and nothing has happened in reality, while agriculture experts agree that lack of consensus and clarity on support price is further adding to...

-The Hindu Business Line Did not meet stockholding conditions in February, March New Delhi: Nearly 40 per cent of the sugar mills in the country may not be able to take advantage of the recently-announced financial assistance package by the Centre. This is because many in the sector, which is reeling under a supply glut, may not fulfil an important eligibility condition. Sop with a rider Acting upon a recommendation made by a Group of...

-Business Standard From occupying 3% of all sugarcane area in the state in 2012-13, the variety that now covers 52% New Delhi: India’s sugar sector is staring at an unprecedented glut, with production topping 31 million tonnes. Sugar is suddenly tasting bitter as mills are finding it difficult to pay sugarcane farmers in the politically sensitive state of Uttar Pradesh. At the heart of the surplus lies a new variety of sugarcane called CO-0238,...