Uttar Pradesh: Sugar mills suffering from financial crisis

Pilibhit, Uttar Pradesh: Sugarcane farmers are demanding pending cane dues from sugar mills. But state’s private sugar claim that they are awaiting overdue payments of subsidy on export of sugar stocks, buffer stock of sugar and electricity generated by them and sold to UP Power Corporation Limited (UPPCL). The dues have been on hold for the past two years.

According to the news report published in The Times of India, general secretary of UPSMA, Deepak Guptara said, “We have been regularly urging the central and state governments to expedite the payment of our dues, but in vain. Despite the state’s distance from ports, UP’s sugar mills contributed to the achievement of the Centre’s export targets, but we have subsequently been left in the lurch.”

The government says they are working on this by taking the best possible steps in the matter and was committed to safeguarding interests of sugarcane growers as well as mill owners.

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