16 sugar mills default in payments, get pulled up by Maharas

16 sugar mills default in payments, get pulled up by Maharashtra commissioner


16 sugar mills default in payments, get pulled up by Maharashtra commissioner
Of the 16 mills, six are from Solapur, two are from Sangli while two mills are in Ahmednagar and the remaining six mills are in Marathwada.
December 14, 2020 9:07:23 pm
Two months into the ongoing sugarcane crushing season, low sugar sales have stumped millers who are hard-pressed for funds to pay the fair and remunerative price (FRP) for cane purchased from farmers.
Two months since Maharashtra’s sugarcane crushing season began, payment pains have already started plaguing the sector. State Sugar Commissioner Shekhar Gaikwad’s office has identified 16 sugar mills across the state which have delayed their first payments to farmers by over 45 days. Showcause notices have been issued to such mills, and the commissionerate hopes the notices will prompt other mills to not default in payments in the days to come.

Related Keywords

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