Sugarcane dues reach above Rs 21,000 crore

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New Delhi: Sugarcane arrears have reached around 21,321 crores by May 2021 with Uttar Pradesh topping the list.

According to the news report published in the Business standard, of the total dues, Rs 18,820 crore is from the current cane crushing season and Rs 2,501 crore is from the previous years.

In the crushing season 2020-21, 63 per cent of the total pending cane dues are from Uttar Pradesh and the remaining are from Maharashtra, Karnataka and other states.

Cane dues in UP may impact the upcoming assembly elections as the sugarcane industry plays an important role.

Sugarcane farmers said that due to pending cane dues they are suffering from the financial crisis. Whereas sugar mills claim low sugar sales have affected their business and therefore they failed to accumulate the capital and failed to clear the cane dues on time.

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