Three sugar mills clear cane dues around Rs 25 crore

Meerut, Uttar Pradesh: Sugar mills are in the process of clear pending cane dues. Three sugar mills from Meerut namely Mawana, Daurala and Kinauni have cleared cane dues around Rs 25.13 crore on Monday.

According to the media report, district sugarcane officer Dr Dushyant Kumar said, “Mawana sugar mill has cleared Rs 14.15 crore, Daurala mill cleared Rs 7.8 crore and Kinauni sugar mill cleared Rs 2.70 crore.”

Sugar mills have been asked to clear the pending cane arrears as early as possible.

Sugarcane farmers claim they are reeling under financial burden due to a delay in cane payments. 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 also affected the mills to clear cane arrears.

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