Sugar mill clears Rs 22 crore cane dues

276

Meerut: Mawana sugar mill cleared the cane arrears around Rs 22 crore to the cane farmers. According to the media report, the sugar mill paid bills to the farmers for the cane purchased from January 27 to February 2.

The funds cleared by the mill will be soon transferred to the bank accounts of the sugarcane farmers.”

The administration is ensuring that the sugar mills clear pending cane arrears to sugarcane farmers. Cane growers claim that they are reeling under financial crisis and are unable to meet their daily needs and they need money to take up agricultural activities for the next crop and the millers should come out and help them during their crisis period.

The lockdown imposed by the government to prevent the spread of Coronavirus pandemic has also affected many sugar mills across India. Mills were unable to sell the sugar amid lockdown, due to which sugar stocks are piling up in godown. Lack of finance has affected the mills to clear cane arrears.

 To Listen to this News click on the play button.

LEAVE A REPLY

Please enter your comment!
Please enter your name here