Explore Business Standard
India's sugar production is expected to fall by 19 per cent to 25.8 million tonnes in the 2024-25 season ending September, down from 31.9 million tonnes in the previous season, according to the All India Sugar Trade Association's second estimate released on Tuesday. The latest projection is 0.72 million tonnes lower than AISTA's first estimate of 26.52 million tonnes, with the downward revision attributed to reduced output in Maharashtra, Tamil Nadu and Gujarat. Maharashtra, India's largest sugar producer, is expected to produce 8 million tonnes, down from 11 million tonnes last season. Output in Uttar Pradesh, the country's second top producer, is projected at 9 million tonnes, unchanged from the first estimate but below the 10.4 million tonnes recorded last season. Sugar output in Karnataka is projected at 4.10 million tonnes, slightly higher than the initial estimate but still below last year's 5.3 million tonnes. AISTA noted these projections could vary by plus or minus 2 per .
A state-run sugar factory, which has been shut in South Goa since 2019, would resume operation in the next one year and produce ethanol from sugarcane, Chief Minister Pramod Sawant has said. The Request For Qualification (RFQ) has been invited from the eligible bidders to re-start the Sanjivani Sugar Factory to produce ethanol from the sugarcane available in the surrounding talukas, he told reporters on Tuesday. The assurance was given as the sugarcane farmers were protesting since January 2, demanding resumption of operations at the factory, located at Usgao village in South Goa district. The state-run factory, which was started in 1974, produced sugar by procuring sugarcane from farmers till 2019, before it was shut due to the mounting debt. Sawant said the farmers need not protest as they are already being offered compensation for the last four years due to closure of the factory. He said the farmers have been cumulatively paid a compensation of Rs 30 crore by the state ...
Ram Vilas Paswan, the Union food minister, has written to the chief ministers of all major sugar producing states to take strict action against sugar mills which have not paid sugarcane farmers.In his letter, Paswan says the central government had taken a host of measures over three years to improve the liquidity position of the domestic sugar industry. As a result, ex-mill prices have been fairly stable over a year. However, some mills are still having arrears from previous years, while those for the current sugar year (it began on October 1, 2017) have risen considerably, a matter of 'serious concern'.Paswan noted the matter had already been raised on March 3 by the secretary of his ministry with state counterparts. "I, therefore, seek your intervention to issue strict directions to all sugar mills for immediate clearing of cane arrears for sugar season 2017-18 and those of earlier years." He also urged action against defaulter mills wherever warranted.Cane payment arrears has ...