Monday, January 06, 2025 | 06:32 AM ISTEN Hindi

Home / Economy / News / Sugar crisis: UP CM Yogi flags private mills for outstanding of Rs 1,200 cr

Sugar crisis: UP CM Yogi flags private mills for outstanding of Rs 1,200 cr

FIRs lodged against top sugar millers over non-payment of farmers' dues

Premium

From the 2018-19 sugarcane season starting October, the Centre not only increased the base recovery rate from 9.5 to 10 per cent, but also raised the premium extra yield in sugar from Rs 2.68 per quintal to Rs 2.75 a quintal

Virendra Singh Rawat Lucknow

Last Updated : Jan 28 2019 | 6:32 PM IST

In the backdrop of sugarcane payments of Rs 1,200 crore for 2017-18 crushing season still pending on private sugar millers, Uttar Pradesh chief minister Yogi Adityanath has flagged the issue for speedier settlement.

In the run-up to the crucial 2019 Lok Sabha polls, the Adityanath government doesn't want to give any leeway to the Opposition to corner it over farm sector issues, especially sugarcane payments, since it was one of the foremost pre-poll promises of the now ruling Bharatiya Janata Party (BJP) before the 2017 UP elections.

Against payables of Rs 35,463 crore on UP sugar mills for 2017-18 season,

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