Centre to work on incentives for sugar mills to help pay farmers: Gadkari

he food ministry has moved a draft Cabinet note on creating a sugar buffer of 3 million tonnes and fixing a minimum ex-mill price

In the next week to 10 days, the central government is expected to finalise a second lot of incentives to help cash-strapped sugar mills clear cane payment arrears to farmers, said Road Transport Minister Nitin Gadkari.

Under consideration is creating a buffer stock of sugar and pushing export to China and Bangladesh,” Gadkari, who heads a committee on the issue, told Business Standard. 

The food ministry has moved a draft Cabinet note on creating a sugar buffer of 3 million tonnes (mt) and fixing a minimum ex-mill price, says news agency PTI.

Cane payment arrears are about Rs 220 billion,