 "From the 2018-19 sugarcane season starting October, the Centre not only increased the base recovery rate from 9.5 to 10 per cent, but also raised the premium extra yield in sugar from Rs 2.68 per quintal to Rs 2.75 a quintal")
In the backdrop of sugarcane payments of Rs 1,200 crore for 2017-18 crushing season still pending on private sugar millers, Uttar Pradesh chief minister Yogi Adityanath has flagged the issue for speedier settlement.
In the run-up to the crucial 2019 Lok Sabha polls, the Adityanath government doesn't want to give any leeway to the Opposition to corner it over farm sector issues, especially sugarcane payments, since it was one of the foremost pre-poll promises of the now ruling Bharatiya Janata Party (BJP) before the 2017 UP elections.
Against payables of Rs 35,463 crore on UP sugar mills for 2017-18 season,
