Activists and leaders say the actual realisation for the average farmer would be much less, as the hike has been linked to a higher recovery rate
The decision to hike the Fair and Remunerative Price (FRP) of sugarcane for the 2018-19 marketing year was taken by the CCEA
The FRP, which is the minimum price that sugar mills have to pay to sugarcane farmers, is Rs 255 per quintal for the 2017-18 season
A series of bypoll losses has pushed the Modi government into panic mode. Uncharacteristically, it's letting events dictate its actions
India's cane arrears have jumped by 10 per cent in March from previous month due to sugar mills' inability to pay farmers on sustained fall in sugar prices throughout this crushing season.The apex industry body the Indian Sugar Mills Association (ISMA) estimates total arrears at Rs 160-170 billion as of March-end as compared to an estimate of Rs 140-150 billion February end. ISMA, however, does not store cane arrears data on the financial year basis. The Union Minister of State for Food and Public Distribution C R Chaudhary in the Parliament, however, had said that sugar mills owe Rs 139.32 billion by January 31, 2018.Mounting cane arrears may prompt farmers to look for alternative crops for sowing in coming years. Farmers normally take decision for sowing of crop based on their realisation from last year. Historically, farmers have shifted to more remunerative crops for sowing next season in case the price of their produce declines this year."Considering lower sugar realization from .
local sugar prices have fallen 17 percent since the start of the marketing year on Oct 1, making it difficult for the mills to make payments
New varieties of high-yielding sugarcane have taken production to an all-time high for the month
Even as the incumbent Yogi Adityanath government in Uttar Pradesh has put virtually the state private sugar millers on notice to clear farmers' cane dues, the cumulative arrears have increased to Rs 4,269 crore for the current 2016-17 crushing season.For the previous 2015-16 crushing season, there is an additional arrear component of over Rs 184 crore on mills.On March 23, chief minister Adityanath had asked state mills to settle arrears within a month, while reviewing the payments situation with the UP chief secretary, cane commissioner and senior officials and warned of strict action against the defaulting units.In its 2017 UP election manifesto, the ruling Bharatiya Janata Party (BJP) had promised to ensure cane farmers' payments within the stipulated 14 days after purchase of cane at the factory gate. On March 23, arrears of about Rs 4,160 crore were pending on mills, which have now increased to Rs 4,260 crore as per latest available data.The crushing season underway is likely to .
This season, UP is likely to contribute almost 40% to sugar output, much higher than Maharashtra
This is Rs 550 over and above the Centre's fixed price at Rs 2,300 for the 2016-17 season
This is the biggest hike in the cane prices in Bihar in last few years
Waiver of subsidy portion puts effective hike at Rs 45/quintal
The previous SAP hike was effected in 2012-13 from Rs 240 per quintal to Rs 280 per quintal
For growers sugar cane has two attributes that make it lucrative - hardiness and higher returns
Want cane price of Rs 350 per quintal for 2016-17
Total sugarcane dues for the season so far is estimated to be Rs 4,225 cr, of the cumulative dues of Rs 52,900 cr
The invention relates to a process for refining sugarcane derived extracts and other phytochemical extracts
The country's sugar production is estimated to be 25 million tonnes in 2015-16 season
Government has taken several measures to improve liquidity position of sugar mills enabling them to clear prices dues to farmers
Whatsapp groups formed for nine addl cane commissioners and 44 district officers are connected with dept officials at state HQ