UP cane arrears of Rs 10,000 crore to ease by 40% as polling nears

The issue of sugarcane payments has always been a burning political issue in UP

With polling in the sugarcane belt of Western Uttar Pradesh starting Thursday onward, the farmers’ outstanding in the country’s largest sugarcane and sugar producing region is likely to ease by nearly 40% in the next couple of days.

This will provide some respite to Adityanath government against the backdrop of the opposition sharpening attacks over mounting sugarcane arrears, which are currently hovering above Rs 10,000 crore.

While, the government had recently released Rs 1,100 crore for the private and state-owned sugar mills, private millers in UP have been sanctioned about Rs 3,000 crore under the central sponsored soft loan scheme for the