Business Standard

UP to put pressure on sugar mills to clear arrears of Rs 2,000 crore

Bulk of cane outstanding on Bajaj Hindusthan, Modi, Simbhaoli groups

sugarcane
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Virendra Singh Rawat Lucknow
Even as the 2019-20 sugarcane crushing season is gaining momentum, farmers' arrears of about Rs 2,000 crore are still pending on sugar mills in Uttar Pradesh for the previous 2018-19 sugar season.

While the private millers' account for 85 per cent of the outstanding, the bulk of arrears are owed by the units operated by big players viz. Bajaj Hindusthan, Modi and Simbhaoli groups.

According to official figures, the private mills owe about Rs 1,700 crore of the total arrears worth Rs 2,000 crore, and the government controlled cooperative units have outstanding of nearly Rs 300 crore.

UP sugarcane development and sugar industries

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