Business Standard
Saturday, May 26, 2012
drived banner
drived banner
  Advanced Search
RSS
Content Guide
Follow us on  
||Companies & Industry||||||| 
 Section Home | News Now | Today's Paper | Q&A | People in the News | Industry News | Features | The Compass | Research & Analysis | Opinion | Corporate Results
Home > Companies & Industry Live Markets | Commodities
 

Aska sugar mill raises cane price by Rs 400 per tonne
BS Reporter / Kolkata/ Berhampur Nov 12, 2009, 00:43 IST

The Aska Cooperative Sugar Industries Limited in Ganjam district has fixed the sugarcane price at Rs 1600 per tonne for the new crushing season, which will start from the next month. The new price is Rs 400 per tonne more than the last year’s price.

The sugar factory management has also decided to provide transport subsidy to the farmers to transport their sugarcane to the mill from the field. The new price was fixed after a meeting of the farmers’ representatives with the factory management at Chhatrapur.

“We have decided to increase the sugarcane price by Rs 400 per tonne”, said VK Pandian, the district collector, who is also the chairman of Aska Cooperative Sugar Industries. The amount of transport subsidy will be decided after looking into the subsidies provided by other factories in the state, he added.

The sugarcane farmers, however, are not satisfied with the new price. They demanded Rs 2200 per tonne in the backdrop of high sugar prices and low cane production this year.

“Sugar levy quota, levy price, retail price; every thing has gone up. But when it comes to Central and state assistance to farmers, it is fixed at the bare minimum level”, said the secretary of Ganjam district sugarcane growers association, Samir Prdhan. “We will approach the government to increase the cane price further and waive the transport charges”, said vice-president of the association, Naryan Jena.

He said, the farmers are not showing interest to grow sugarcane due to lack of incentives and lower cane price. “If the government and the factory authorities do not come out with suitable packages and increase the cane price, the oldest sugar factory in the state will be closed”, he warned.

District collector, however, said, the farmers will be provided a higher price if they grow sugarcane in more areas. “We have fixed the suggestive price at Rs 2200 per tonne, if they supply over one lakh tonnes of cane to the factory”, he said.

New Ipad Application :Business Standard's all new IPad App
Click here to download for free
Arrow Other Stories     
- Markets end flat
- Digest of international news for the week
- Nasdaq chaos engulfed Facebook IPO
- US stocks, euro ease slightly, Spain dims sentiment
- S&P cuts ratings on five Spanish banks
  Read Business news in 
- Journey on, We are by Your Side. Click here to know more
- 2 Lac Apartments, 1 Lac House / Plots. Click here
- Benefits Upto Rs. 2.36 Lakhs on the Fully Loaded TJet Petrol.
- The Best Seller is Also the No. 1 in Mileage. Click here
- Watch The Film Here. Click here to know more..
- Leader in Passenger Car & Automobile Tyres. Click here
- 1 billion in saving for Unilever without any tangles.
- A Brand New Server at a Price That Fits Your Budget. Click here
- Learn How One City is Running on FOOD SCRAPS.
- One Partnership Endless Possibilities. Click here to know more
- Helping doctors detect diseases earlier, saving costs & extending lives.
- 36 Lakhs can get you a pool of Luxuries. Click here
- Which is the best plan for your daughter
- Check out the TRUE COLOURS of your Stocks, Now for FREE!
- One of the leading business schools in the world.Know More
Sorry, comments to this story are closed
Latest Messages
Table for Two
  Now available at Special price
  Rs.280/- Only

  Buy Now
BS POLL
UPA 2 has completed three years. How do you rate its performance?  Read the story
  Good
  Average
  Bad
Submit
Most Popular
Read
E-Mailed
Commented
   
- Astronomers seize last chance in lifetime for Venus Transit
- FIIs bet heavily in Indian market, but in Singapore
- Reddy rules out rollback of rise in petrol prices
- IPL on turning track, broadcast revenue down by a third
- Ajit Singh meets striking pilots
 
 More  
Tax Shastra
  Now available at Special price
  Rs. 360/- Only

  Buy Now
 
  Member Area Write to the Editor RSS Archives Advanced Search
  Subscribe to BS print product BS e-paper Newsletter Portfolio Tracker
  BS Products BS Hindi BS Motoring BS Books
Home | Markets & Investing | Companies & Industry | Banking & Finance | Economy & Policy | Opinion
Life & Leisure | Management & Marketing | Tech World | General News
About Us | Partner With Us | Code of Conduct | Careers | Advertise with us| Terms & Conditions | Disclaimer | Contact Us