Business Standard

Monday, December 23, 2024 | 02:00 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Panel considers a Gujarat-like model of staggered payments to cane growers

Farm leaders object to Gujarat-like model, say can't take pay in tranches

Negligible debt and scale make Balrampur Chini most profitable
Premium

Unlike in the North and several other parts of the country where sugarcane farmers are entitled to get full payment within 14 days of delivering the cane to mills, in states like Gujarat the payment is made in tranches.

Sanjeeb Mukherjee New Delhi
A panel constituted by the Centre to evaluate suggestions made by NITI Aayog for a comprehensive reform in the sugar sector is looking at a Gujarat-like model of staggered payments to sugarcane growers.

The panel, which comprises of senior officials from the Union and state governments, was formed some months back to evaluate the suggestions made by a NITI Aayog Task Force on the sugar sector and come out with recommendations.

So, what exactly is the staggered sugarcane payment model?

Unlike in the North and several other parts of the country where sugarcane farmers are entitled to get full payment

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in