Need to run sugar factories with co-op movement spirit:Maha CM

Image
Press Trust of India Nashik (Maha)
Last Updated : Jan 18 2016 | 7:57 PM IST
Maharashtra Chief Minister Devendra Fadnavis today said that need of the hour is to run sugar co-operative factories with a spirit of co-operative movement.
"If the co-operative sector is uprooted, monopoly of the private sector will be created, resulting in losses for farmers," Fadnavis said after after inaugurating the 'crushing season' of the Vasantdada Patil co-operative sugar factory at Vithewadi in the district.
"The need of the hour is to run co-operative sugar factories with feelings of co-operative movement," he said.
"If both the co-operative and private sectors works simultaneously, competition in good quality of production will increase and farmers and members (of sugar factories) will benefit from the situation," he said.
According to the Chief Minister, last year his government had provided financial assistance of Rs 2,000 crore to sugar factories.
"But this year, sugar is getting good prices. If sugar factories will runs positively, members and farmers will get benefit," he said.
State Water Resources Minister Girish Mahajan, Minister of State for Co-operation Dada Bhuse and other BJP MPs and MLAs were present on the occasion.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jan 18 2016 | 7:57 PM IST

Next Story