Sugarcane arrears relatively lower at Rs 78.26 bn in ongoing season

Cane arrears are lower than the last season because of various measures taken by the central government and efforts of state governments

Sugarcane arrears are “relatively lower” and sugar mills owe Rs 78.26 billion to farmers so far in the ongoing season, the government said on Thursday.
 

According to the government data, sugar output is estimated to be higher at around 25 million tonne (mt) in the ongoing 2017 -18 season (October-September), against 20.2 mt in the previous year.

While sugarcane price is fixed by the Centre, some states like Uttar Pradesh set their own state advised price (SAP), which is normally higher than the central rate.

According to the rule, mills have to pay cane price within 14 days of supply of raw