UP sugar mills owe around ₹12,400 crore in cane payment - The Hindu BusinessLine
UP sugar mills owe around ₹12,400 crore in cane payment February 05, 2021 × Mills have crushed nearly 560 lakh tonnes of sugarcane worth ₹17,635 crore on an average The sugarcane crushing season may be well past the half-way mark, but the Yogi Adityanath government in Uttar Pradesh is yet to announce the State-advised price (SAP) for the season. Last time, the SAP was revised in 2017 when the BJP government came to power in the State. The government, however, had directed the mills to make payment at the previous year’s rate of ₹315 per quintal. According to data with the UP Sugar In...