(Namita Pradhan, Intern Journalist) A major relief for the sugarcane farmer, as the government has increased the fair and remunerative price (FRP) of Sugarcane to Rs 10 each quintal to Rs 285 each quintal for the year 2020-2021 the marketing year started from 1st October. It had kept a long-standing proposal as the government has kept the FRP last year unchanged. However, there is due of thousands of crores on farmers for the sugar mills. With the payments of cane to the farmers which crossed Rs 14,200 crore, sugar mills in Uttar Pradesh have sought a cash subsidy bailout of the state government which enables them to discharge their outstanding dues.
The UP President of the Sugar Mills Association (UPSMA), CB Patodia in a letter to Chief Minister Yogi Adityanath that in the situation of heavy crisis, they looking for government to bail out the industry as a way of a cash subsidy. This will help the augment as cash flows so that the operations of crushing and cane price payments continue, he adds.
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