Uttar Pradesh to ensure sugar arrears payment before October 20

Around Rs 44 billion will be given as soft loans to sugar mills which will also be used for payment of sugarcane arrears

Uttar Pradesh will ensure that the entire sugarcane arrears of little less than Rs 100 billion, accruing to the state’s farmers from 2017-18, would be paid before October 20. 

This comes on the back of a recent announcement of a package by the state government, sugarcane minister Suresh Rana said.

“The state government has announced a package of Rs 55.35 billion for sugarcane farmers of which around Rs 10 billion will be paid through cooperative societies, Rs 250 million through the state sugar corporation and around Rs 5 billion directly to farmers associated with private sugar mills at the rate