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Sugar mills asked to pay arrears to growers at SC-fixed ...

May 22, 2018 · PESHAWAR: The farmers have urged the Khyber Pakhtunkhwa government to implement the Supreme Court's decision regarding disbursement of arrears to the sugarcane growers from sugar mills at the ...

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State-owned sugar mills owe KRA Sh17.1bn in tax arrears ...

Dec 31, 2018 · State-owned sugar mills owe KRA Sh17.1bn in tax arrears Monday December 31 2018 Workers arrange bags of sugar at Mumias Sugar Company store on September 28, 2018.

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UP to press private sugar mills to pay farmers as arrears ...

May 23, 2019 · Last year, UP mills had collectively produced over 12 million tonnes (MT) of sugar, while total payables to farmers stood to the tune of Rs 35,400 crore. This year, the sugar output is likely to be a little less than last year, while total payables are also expected to be below Rs 35,000 crore.

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UP cane arrears stand at Rs 9,500 crore: 5 big private ...

Jul 10, 2019 · Almost a month after the sugar season 2018-19 in Uttar Pradesh ended, the mills have paid just 72% of their cane dues, and owe up to Rs 9,500 crore to the farmers.

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Sugar mills: Sugar Mills' cane arrears dip 13% - The ...

Jan 25, 2018 · Sugar Mills' cane arrears dip 13% SAP is fixed by state governments to protect the interest of farmers and is usually higher than the fair and remunerative price (FRP) set .

Cane arrears up to Rs 11,000 cr, set to mount before polls ...

Jan 07, 2019 · Hardly two months into the start of crushing operations for the new sugar season, mills in Uttar Pradesh and Maharashtra have piled up almost Rs 11,000 crore in payment dues to farmers. The arrears could peak towards April, just when voting for the .

UP sugar mills to face police complaints if they don't pay ...

Read more about UP sugar mills to face police complaints if they don't pay farmers arrears on Business Standard. Mills owe farmers at least Rs 9,000 crore after end of the crushing season.

Sugar mills across India owe Rs 18,958 crore to cane farmers

Jun 24, 2019 · Sugarcane arrears to farmers touched nearly Rs 19,000 crore as on June 18 of the ongoing marketing year ending September with maximum amount owed by sugar mills in Uttar Pradesh, according to the government data. Mills in Uttar Pradesh owe the maximum amount at Rs 11,082 crore, followed by Karnataka (Rs 1,704 crore) and Maharashtra [.]

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Sugar mills cough up arrears of more than Rs 3,000 crore ...

Feb 03, 2019 · Sugar mills cough up arrears of more than Rs 3,000 crore recovered in 15 days Along with Uttar Pradesh, sugar mills in Maharashtra have defaulted in payment of the mandated Fair and Remunerative Price (FRP) since the start of the season.

Sugar industry bailout will clear only 40% of cane arrears ...

Jun 07, 2018 · COIMBATORE: The bailout package announced by the central government for the sugar industry will help in clearing only 40% of cane arrears, ratings agency Crisil has estimated. Cane arrears .

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Sugar mills back move to build 4 million tonne buffer ...

Jul 24, 2019 · Indian Sugar Mills Association welcomes Cabinet decision to raise sugar cane MSP. ... payment arrears shot up to ₹25,000 crore earlier this year, and are still above the ₹15,000 crore mark.

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Maharashtra cane arrears decline to Rs 2,942 crore - The ...

May 18, 2019 · The Fair and Remunerative Price (FRP) arrears of Maharashtra's sugar mills to farmers have come down to 12% at the end of the sugar season of 2018-19. The cane payment arrears .

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Home Page of the Indian Sugar Mills Association, The ...

Indian Sugar Mills Association (ISMA) The oldest industrial association in the country was established in 1932 when tariff protection was granted to the industry. It is recognized by the Central and State Governments as the Central Apex Organization to voice the cause of the sugar industry.

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Profit margins of sugar mills likely to rise by 5-6% in ...

Arrears could decline further if sugar mills use their additional earnings to pay off cane farmers. There have been instances in the recent past when some mills did not pay their cane arrears despite a sharp revival in profitability, choosing instead to divert funds towards expansion of distilleries, which has been subsidised by the government.

Recovering arrears from sugar mills set in motion | Deccan ...

K G Shantaram, Commissioner, State Sugarcane Development and Sugar Directorate, convened a meeting of sugar millers in Bengaluru on June 11 and told them to clear the arrears by selling sugar and ...

Sugar mills in Parbhani asked to pay cane arrears with 15 ...

Parbhani: Maharashtra sugar commissioner has issued orders to the two sugar mills from Parbhani to pay pending arrears worth Rs 46.83 crore to the farmers with 15 per cent interest on it.

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ABARES Sugar: March quarter 2019 - agriculture.gov.au

The crisis is the result of the mounting mill arrears payable to cane farmers. Arrears are the shortfall between the price millers can sell sugar for and the government-set minimum cane prices. To help clear mill arrears, the Indian Government has raised domestic sugar and ethanol prices.

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India - Sugar mills arrears fall to INR42.25 bln - The ...

Sugar mills have paid INR486.75 bln ($7.2 bln) to sugarcane farmers and owe about INR42.25 bln ($627 mln) for the current marketing year ending September, the government said. This means that mills have paid 92% of their cane arrears. We now require all subscribers to register with us the first time ...

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Cane arrears decline to Rs 15,222 cr so far in 2018-19 ...

Also, the government provides soft loans to sugar mills through banks and bears interest subvention at 7 percent for one year to clear cane price arrears. Under the Sugarcane (Control) Order 1966, sugar mills are required to make cane price payment to farmers within 14 days of supply of cane.

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UP sugar mills saddled with Rs 1,130-cr farmers' arrears ...

Oct 02, 2017 · Business Standard – 1 Ocotber 2017: Barely three weeks before the 2017-18 sugarcane crushing gets underway in Uttar Pradesh, the country's largest sugar producer, the state sugar mills, which are predominantly private sector owned, have arrears to tune of Rs 1,130 crore pertaining to the previous 2016-17 season.. Of the outstanding amount, the private millers owe the bulk at almost Rs .

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Cane arrears decline to Rs 15,222 cr so far in 2018-19 ...

Jul 23, 2019 · Depressed sugar prices due to surplus sugar production in sugar seasons 2017-18 and 2018-19 adversely affected the liquidity of sugar mills resulting in accumulation of cane price arrears .

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