NITI wants UP to change sugarcane pricing to avoid build-up of arrears

Officials said the Aayog has also strongly favoured 'depoliticising' of cane pricing in UP

The NITI Aayog has advised the Uttar Pradesh government to implement a sugarcane pricing formula which does not lead to the build-up of farmer payment arrears, this being good for neither cultivators nor millers.
 
Officials said the Aayog has also strongly favoured ‘depoliticising’ of cane pricing in the state. But, it is unclear whether the Aayog has favoured implementing the Rangarajan formula, for fixing the cane price at 75 per cent of that at which sugar is sold.
 
The food ministry had reportedly urged the government to implement the Rangarajan formula of sugarcane pricing as the difference between