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Sugar mills in Maharashtra pay 99% FRP to farmers - The Hindu BusinessLine thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
Maharashtra mills end sugarcane crushing season; uncertainty about the next season May 28, 2021 Mills are finding it challenging to raise adequate funds This sugar season, 190 sugar mills in Maharashtra participated in the crushing season compared to 144 sugar mills in the 2019-20 season. However, sugar industry players are not sure if many mills will be able to operate next season owing to crumbling finances. Maharashtra sugar mills finally ended the current crushing season with the Sugar Commissioner of Maharashtra announcing the final data on sugarcane crushing this season on Friday. Mills in the State produced 106.3 lakh tonne of sugar after crushing 1,012 lakh tonne of cane with a sugar recovery of 10.50 per cent according to the data published by the Sugar Commissioner office. The State mills had produced 67 lakh tonne in the last season and a record 107 lakh tonne in 2018-19 season. Sugar mills now face a major challenge to sell their stock in the market as ....
Maharashtra sugar mills pay 92% of fair remunerative price to farmers May 06, 2021 Last year mills had paid FRP of ₹12,036.62 crore during the same period. The data published by the Sugar Commissioner of Maharashtra on Wednesday shows that by April 30, sugar mills in the State have paid a net FRP of ₹20,599.73 crore, i.e., 92.40 per cent of the total payable FRP of ₹22,293.34 crore. Last year mills had paid FRP of ₹12,036.62 crore during the same period. Out of 190 sugar mills that started operations this season, 102 sugar mills have paid 100 per cent FRP while 88 mills have partly paid FRP to farmers. The Sugar Commissioner has issued slapped Revenue Recovery Certificate (RRC) notices to 19 sugar mills. Interestingly no sugar mills were given this notice last year during the same month. The Sugarcane (Control) Order, 1966 has mandated payment of the cane price within 14 days of supply by farmers. If mills fail to make payment in the stipulated time, ....
Maharashtra mills continue to sell sugar stock below MSP - The Hindu BusinessLine thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.