Fixed MSP throughout India benefitted Uttar Pradesh: Satyashil Sherkar

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Pune: The Central government’s decision of fixing minimum selling price (MSP) of sugar at Rs 31 per kg throughout India has benefitted a state like Uttar Pradesh. As a result, UP supplies sugar all over India, and Maharashtra mills faced sugar glut. Due to which mills in the state are unable to sell the stock, and interest burden on sugar is increasing day by day, said Satyashil Sherkar, chairman of Shree Viighnahar co-operative sugar mill. He was speaking at the AGM of the sugar mill held on September 18.

Well, this is not the first time a question is raised on the fixed MSP. Earlier, The Maharashtra State Cooperative Sugar Factories Federation had urged the Centre to look at a differential MSP mechanism for mills in north, west and south India.

The government on February 14, 2019, hiked the minimum selling price of sugar by Rs 2 per kg from Rs 29 to Rs 31 to help millers clear farmers’ dues.

Addressing the gathering, Sherkar said, “Government declared the number of schemes like subsidy on buffer stock, subsidy on sugar export, but the millers do not get the subsidy on time. Now, we expect the sugar export subsidy soon.

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