Up Sugar Mills

Sugar mills paid Rs 78,000 cr to farmers in first half of 2023-24 season

Sugar mills have paid Rs 78,000 crore to sugarcane farmers in the first six months (October-March) of the current marketing season, a food ministry official said on Wednesday. Sugar marketing season runs from October to September. While the season is still on, the mills have cleared 87 per cent of the total cane payment of Rs 90,000 crore till March 31 of the 2023-24 season, the official said. Mills have produced more than 300 lakh tonne of sugar so far this season. "Against the total cane payment of Rs 90,000 crore for October-March period of 2023-24 season, mills have already cleared Rs 78,000 crore," the official told PTI. Cane payments are made as per the Fair and Remunerative Price (FRP) of Rs 315 per quintal fixed by the Centre for the 2023-24 marketing season, depending on the recovery rate. The official also said that sugar mills have cleared 99.7 per cent of the total Rs 1.15 lakh crore cane dues of the 2022-23 season. Cane dues prior to 2022-23 seasons have been almost

UP sugar industry has transformed into 'sugar complexes': Yogi Adityanath

The modernisation of sugar mills in the last six years has transformed them into "integrated sugar complexes," Uttar Pradesh Chief Minister Yogi Adityanath said on Friday. Addressing an event on the occasion of 120 years of the sugar industry in the state, he said sugar in the state today is being produced on the same premises where there is an oxygen plant and an ethanol plant. "UP's sugar mills which are the largest producer of sugarcane and sugar in the country, are now being recognised as a source of 'green energy' with adoption of the policies of the Prime Minister and production of ethanol in large quantities," he said. The first sugar mill in the state was established in Deoria. The chief minister said that the way in the last few decades sugar mills were closing down farmers were desperate and were forced to migrate, till 2017, when the trend was reversed. "In the last six years, a sum of Rs 1 lakh 97 thousand crore was paid to the sugarcane farmers through DBT (Direct Ben

UP sugar mills owe Rs 4,832 cr to cane farmers as on Sep 1: Ministry

Sugar mills in Uttar Pradesh owed Rs 4,832 crore to cane farmers as on September 1 for the crushing season 2021-22 ending later this month. However, Rs 30,368.73 crore or 86.27 per cent of the total due has been paid, according to Minister of State for Food and Consumer Affairs Sadhvi Niranjan Jyoti. The minister informed the same to BSP MP Kunwar Danish Ali in a letter dated September 8, which was later posted on the social media platform Twitter by the latter. The cane crushing season runs from October to September. Ali had raised the issue of sugarcane arrears in Lok Sabha on August 5. In response to the same, the minister stated that out of a total payable of Rs 35,201.22 crore for 2021-22 marketing year (October-September), mills in Uttar Pradesh have paid Rs 30,368.73 crore to the farmers. At present, an amount of Rs 4,832.49 crore is yet to be paid by mills to cane farmers. The figures are based on the data collected by the state government as on September 1. Further, Jy

UP slaps recovery notices on Bajaj Hindusthan, Modi Group sugar mills

At present, Rs 7,500 crore cane dues are outstanding as many as 94 on UP private millers

UP sugar mills to raise Rs 3,650 cr from banks to pay cane farmers

In coming season, the state's sugar output is pegged at 12.3 million tonnes

Why sugar farmers remain under the stress of mounting payment dues

Cost-price mismatch is only part of the story; lack of working capital for mills and delay in release of subsidy add to the strain in the entire system

Adityanath warns UP sugar mills over delay in clearing farmers' cane dues

UP mills have A sugarcane outstanding of nearly Rs 11,000 crore

Govt asks RBI to remove sugar from negative list as virus hits consumption

Such a move would spur infusion of fresh liquidity and working capital in sugar mills, facilitating speedy settlement of cane arrears

UP hand sanitiser capacity at 300,000 litres/day, firms seek export permit

Earlier this month, the Centre banned export of alcohol-based hand sanitisers

Centre asks sugar mills to divert excess cane, sugar for ethanol production

In order to encourage mills to divert sugarcane to produce ethanol in the interest of farmers and sugar industry, soft loans of Rs 18,600 crore are being extended through banks to 362 projects

Lockdown: UP sugar mills seek bailout as demand plummets by one mn tonnes

Cane arrears top Rs 14,000 crore for current 2019-20 season

Covid-19 lockdown impacts sugar mills as OMCs reduce ethanol offtake

With petrol and diesel demand falling, OMCs are already dealing with excess supply of the biofuel; ISMA writes to them to reallocate ethanol to deficient depots for fuel mixing

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

UP orders sugar mills to operate at optimum capacity to avoid penal action

Directive aimed at ensuring vacating fields for rabi sowing

Yogi govt moots 'sugar tourism' with trips to mills and ethanol plants

Seven-member panel formed to study proposal, offer recommendations on action plan, selected sugar complexes, mode of travel and coordination with tourism department

UP sugar mills demand abolition of molasses quota for distilleries

Private millers lament industry subsidising Rs 350 crore to liquor manufacturers

UP increases molasses quota for distilleries; sugar mills disappointed

UP sugar mills have long been demanding the state government to abolish the system of reserving molasses for distilleries

UP sugarcane dues at Rs 7,000 cr as Adityanath's Aug 31 deadline expires

Bulk of arrears owned by Bajaj Hindusthan, Simbhaoli, Modi groups

Private sugar mills should settle farmers' arrears by August: CM Yogi

UP mills, mostly private sector, have outstanding of about Rs 10,000 crore

UP to press private sugar mills to pay farmers as arrears top Rs 10,000 cr

Rs 1,500 crore likely to be transferred to farmers' bank accounts in couple of days