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
Reducing sugar surplus, rising ethanol procurement, and potential for exports bode well
UP is estimated to produce 45% of India's sugar in 2019-20 cycle
Recently, chief minister Yogi Adityanath had also referred to the pending power dues and said it would be settled at the earliest for the benefit of sugarcane farmers
CM assures farmers that his govt would ensure full payment of arrears before next crushing season