Business Standard

Monday, January 06, 2025 | 05:58 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Sugar crisis: UP demands 100% hike in sale quota to 1.1 million tonnes

Yogi government writes to union food ministry for hike in sale quota, sugar floor price

sugarcane
Premium

A worker loads sugarcane into a load carrier at a wholesale market in Ahmedabad. Photo: Reuters

Virendra Singh Rawat Lucknow
Juxtaposed to lingering sugarcane payment crisis and accumulation of unsold sugar inventory in Uttar Pradesh, the Yogi Adityanath government has demanded almost doubling of the monthly sugar sale quota of the state sugar mills to over 1.1 million tonnes (MT).

UP sugarcane commissioner Sanjay Bhoosreddy has written to the union food secretary to increase the sugar sale quota to 1.133 MT to facilitate speedier payments to farmers and easing the inventory build up.

He said the state mills had sugar carryover stock of more than 2.6 MT pertaining to the previous crushing season 2017-18, when UP had produced over 12

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