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Setback to sugar mills as UP hikes molasses quota for country liquor to 18%

Sugar millers claim quota hit their revenues, delayed payment to cane farmers

Sugar, sugarcane
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Virendra Singh Rawat Lucknow
Upsetting private sugar mills in Uttar Pradesh just ahead of the next crushing season, the Yogi Adityanath government has hiked the reserved quota of molasses for country liquor makers to 18 per cent from the existing 16 per cent.

Since, the previous hike in the reserved quota was effected from 12.5 per cent to 16 per cent in early September 2019, therefore the quota ratio has clocked a massive uptick of nearly 45 per cent in  nearly eight weeks from 12.5 per cent to 18 per cent.

The decision, taken by the Adityanath cabinet here last night, is aimed at maintaining adequate supply of