Sugarcane Crushers

The sugarcane growers' protest in Belagavi district demanding a minimum support price of Rs 3,500 per ton for their produce has gathered momentum. Farmers, under the banner of the Hasiru Sene Farmers Association, have rejected the Rs 3,200 per ton offer from sugar mills. The agitation has brought operations to a halt at 26 sugar factories across the region, with protesters vowing not to settle for anything less than their demand. All the business establishments in Mudalagi remained shut as farmers gathered in huge numbers. The protests, which initially began with the demands for State Advisory Price (SAP) for sugarcane, have now spread to Athani, Chikkodi, Hukkeri, Bailhongal, Mudalagi, Gokak and neighbouring areas. In Gokak town, the agitation took a new turn as students joined farmers in staging roadblocks at key intersections, throwing traffic out of gear on major routes connecting Belagavi, Savadatti, Mudalagi and Yaragatti. Protesting farmers have urged the state government t

The latest government direction has come as negative news for sugar companies, with their stocks trading lower for the second day on Friday

Cane dues of Rs 5,664 crore has been pending for payments to farmers on various sugar mills in the state for the 2022-23 crushing season, the Uttar Pradesh government said on Wednesday. "As per information till Jul 24, cane dues of Rs 5,664 of farmers are pending for payments," Cane Development Minister Lakshmi Narain Chaudhary said in a written reply in the state assembly on a question of member Ajay Kumar. He said that rules and regulations are in place to ensure payment of farmers and action is taken accordingly. He said for the pending dues, notices have been issued to sugar mills on April 21, May 19 and Jun 22 this year.

The MSP of sugar was last revised a few years back

He said the sugarcane yield could be at least 100 lakh tonnes more than the 900 lakh tonnes the state government is estimating this year

Hopes to provide sugarcane growers an alternative source