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The jump in sugar prices has already worsened the impact of inflation in the UK with shoppers paying more for baked goods, sweets and fizzy drinks
The modernisation of sugar mills in the last six years has transformed them into "integrated sugar complexes," Uttar Pradesh Chief Minister Yogi Adityanath said on Friday. Addressing an event on the occasion of 120 years of the sugar industry in the state, he said sugar in the state today is being produced on the same premises where there is an oxygen plant and an ethanol plant. "UP's sugar mills which are the largest producer of sugarcane and sugar in the country, are now being recognised as a source of 'green energy' with adoption of the policies of the Prime Minister and production of ethanol in large quantities," he said. The first sugar mill in the state was established in Deoria. The chief minister said that the way in the last few decades sugar mills were closing down farmers were desperate and were forced to migrate, till 2017, when the trend was reversed. "In the last six years, a sum of Rs 1 lakh 97 thousand crore was paid to the sugarcane farmers through DBT (Direct Ben
The sugar and ethanol producer owes nearly Rs 4,800 crore to banks
Cane arrears top Rs 14,000 crore for current 2019-20 season
Bulk of cane outstanding on Bajaj Hindusthan, Modi, Simbhaoli groups
Sugar export contracts worth 2 MT firmed up by domestic mills
Sugar mills in India have done deals to export 2 million tonnes in the new season that began on Oct. 1, 2019
Sugar mills have signed contracts for 1.5 MT of exports to Iran, Africa, etc
Private millers lament industry subsidising Rs 350 crore to liquor manufacturers
UP sugar mills have long been demanding the state government to abolish the system of reserving molasses for distilleries
Sugar mills baulked down by farmers' dues of Rs 10,000 crore
The Adityanath govt has reversed Akhilesh Yadav cabinet's decision to waive off interest payment by defaulting sugar mills in three successive crushing seasons during 2012-15
FIRs lodged against top sugar millers over non-payment of farmers' dues
Leading sugar mills told their assets will be seized if they fail to settle farmers' arrears for the 2017-18 crushing season.
Belying expectations of a token hike in the sale price (set by the state) of sugarcane in an election year, the Uttar Pradesh government has decided to keep the rate unchanged for this 2018-19 season (which officially began October 1 and runs till end-September 2019).The 'State Advised Price' (SAP) for the common variety of cane in UP, the country's top sugar producer, stays Rs 315 a quintal. Farmer groups in UP had demanded Rs 400 a qtl, pointing to rises in input costs, such as of diesel, labourers' wages, fertiliser and so on. However, private sugar mills (94 in all) had reiterated their inability to pay growers at even the existing SAP. With the prevailing low sugar prices and depressed market outlook, any rise would only mean further accumulation of payment arrears, they had warned.Sugar companies have for several years been asking that the government-set price for cane be linked to the retail sugar price. The UP government has not taken a stand on this, although it had earlier .
Millers write to Yogi govt, cite precarious financial position due to massive arrears of previous crushing season
So far, the state's cane farmers have been paid Rs 1,511 cr by mills for their crop