Sugarcane Crushing

The MSP of sugar was last revised a few years back

The sugarcane crushing season in Maharashtra will begin early this year - from the first day of October, instead of the end of that month, a senior official has said.

In coming season, the state's sugar output is pegged at 12.3 million tonnes

India's top sugar producer, UP had logged over 12 million tonnes last year

UP mills have A sugarcane outstanding of nearly Rs 11,000 crore

Despite an increase in sugar prices, mills fear that the decline in recovery may hit their profit margins and thereby hinder their cane payment capabilities

Crushing operations now expected to start only after November 15 in Maharashtra and Uttar Pradesh

The sugarcane department said it had effected some amendments for the benefit of bona fide farmers and to weed out 'sugarcane mafia' and unscrupulous complicity of government and mill officials

The sugar millers are saddled with huge unsold molasses inventory