Maharashtra: Sugar mills clear 98 per cent sugarcane dues

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Pune: Sugar mills in Maharashtra are clearing the cane arrears with good speed. According to the media report, sugar mills from Maharashtra have paid 98 per cent of the total fair and remunerative price (FRP) to the sugarcane farmers for the crushing season of 2019-20. The mills have cleared FRP around to 13,425.85 crore out of Rs 13,635 crore to the cane farmers.

Coronavirus has put sugar industry in the grim situation but despite this, mills in the state were continuously engaged in sugarcane crushing to ensure cane growers not face any loss.

According to the Indian Sugar Mills Association (ISMA), Maharashtra’s net cane area has gone up by about 43% in 2020-21 SS, which is mainly due to above normal SW and NE monsoon in 2019, followed by normal rainfall from January to March’ 2020. As against the net cane area of 7.76 lakh ha. in 2019-20 SS, area is expected to increase to 11.12 lakh ha in 2020-21. It is noteworthy that during the current 2019-20 SS around 0.5 lakh ha cane area was completely lost due to floods in July- August’ 2019.

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