Mysuru: For the 2023-24 crushing season, the Finance department has approved aid of Rs 50 crore to the Mysore Sugar factory in Mandya, called Mysugar for starting of crushing operations, reports The Hindu.
Dinesh Gooligowda, Congress MLC, has issued a statement stating that acting on the appeal made by him and Mandya MLA Ravi Ganiga, Chief Minister Siddaramaiah directed the finance department to approve the release of Rs 50 crore for resumption of crushing operations at the State-run Mysugar.
The mill has stopped operations for the last few years and it resumed operations last year after the preceding government approved a financial aid of Rs 50 crore but released Rs 32 crore only, said Dinesh.
The sugar mill needed funds to clear the wages for harvesting cane, payment and repair of equipment as it was slated to start in June.
Around 5,745 farmers have agreed with the sugar mill to supply more than five lakh tonnes of cane grown on more than 10,000 hectares of land.