Kolhapur: The government should hike the minimum selling of price (MSP) of sugar to Rs 36 per kg. It will bring relief to the troubled sugar industry, said Kumbhi Kasari cooperative sugar mill chairman Chandradeep Narke.
Narke said, “The millers are facing problems to pay one time FRP to farmers due to low sugar prices and no buyers for sugar in the domestic market.”
“Along with sugar mills, the cane growers, workers, labourers associated with sugarcane sector, transporters and traders are suffering from financial scarcity as the sugar sector is in big trouble,” he further added.
In the month of June this year, the National Co-operative Sugar Factories Federation (NCSFF) also demanded that MSP of sugar should be increased from the present level of Rs 3100 per quintal to help mills improve their financial condition.
Concerned over mounting cane arrears ahead of Lok Sabha polls, the Indian government on February 14, 2019, hiked the MSP of sugar by Rs 2 per kg to Rs 31 to help millers clear farmers’ dues.
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