Demand for 15 per cent interest on delayed FRP payments

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Pune: According to the reports, for the crushing season 2019-20, sugar mills in Maharashtra have cleared 58.53 per cent of dues of sugarcane farmers amounting to Rs 1,037.13 crore. The mills are yet to pay FRP around Rs 735.93 crore.

Maharashtra Cane Control Board’s Prahlad Ingole is seeking 15 per cent interest on dues from the sugar mills. Prahlad Ingole has approached to the chief secretary of the state government, secretary of the cooperation and Maharashtra Sugar Commissioner in this regard.

Crushing season in Maharashtra commenced late this year. Sugar mills in Maharashtra officially kick-started sugarcane crushing season on November 22 after they got permission from state Governor BS Koshyari in the absence of a functional state government. It is expected that most of the mills will finish crushing by January end this year.

Sugar production in Maharashtra is down in the season 2019-2020 as the state had been gripped with drought and flood. According to the reports, three sugar mills have closed their crushing operations in this season due to scarcity of sugarcane and cane harvester.

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