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Pratap Singh Bajwa urges Punjab CM to increase cane price

Press Trust of India  |  New Delhi 

MP and former chief Pratap Singh Bajwa today appealed to Chief Minister to increase state assured price of sugarcane crop.

He said while the assured sugarcane price was fixed in at Rs 330, in it was between Rs 285-300.

Bajwa termed it as an "injustice to our farmers" and demanded that the price be fixed at Rs 350 in

He said the Centre and the state were pressing the farmers to diversify but if they were not given adequate price for their crop then no one would be willing to do it.

Bajwa said in the last four years there was no increase in the price of sugarcane in Punjab.

"Today the retail price of sugar is at an all time high of 4,100 per quintal. Seventy per cent of sugarcane is crushed by private millers in Punjab so the state has nothing to lose.

"Private millers are into power generation, distilleries or breweries from by-products of sugarcane so they won't be affected by the price increase as they are expected to make huge profits at the prevailing rates," he said in a statement.

The MP said due to lower SAP in Punjab, opposition parties are trying to project it as a decision taken under pressure from sugar barons lobby which is not the case.

"To debunk this negative propaganda against the immediate hike should be given to the SAP by the Punjab government," he said.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, November 13 2017. 21:42 IST