Maha will take initiative to revive sugar factories: Minister

Maharashtra minister Jayant Patil on Friday said the state government will take special initiative to revive and restructure sugar factories.

He also informed that the government had recovered Rs 1,305 crore out of the pending Rs 1,557 sugar FRP (fair and remunerative price) from companies.

Patil was replying to a calling attention motion by former agriculture minister Sadashiv Khot in the Legislative Council on delay in payment of FRP to farmers by sugar factories over two two years, though they need to disburse this amount in 15 days.

Patil said, "The government will take special initiative to revive sugar factories. Similarly, if there is need for restructuring, the government will do restructuring not because they have conducted corruption or irregularities. Because, the rate that comes out of the FRP formula of FRP is quite less than rate of sugar."