Sugar crushers protest prices

Tags: News

Mills claim paying Rs 280 per quintal to growers not viable

A tug-of-war between sugarcane growers and millers resurfaced in Uttar Pradesh as mill owners threatened not to start crushing operations this season due to high cane prices set by the state government at Rs 280 a quintal, Rs 70 more than that set by the Centre.

Over 35 lakh farmers and thousands of workers’ livelihood are threatened by this standoff.

Facing about Rs 3,500 crore losses this season, private sugar mills in Uttar Pradesh, allegedly cash-starved, threatened on Tuesday to shut down operations in the 2014-15 season if the state government does not link cane price with sugar realisation as is the case in several other sugar-producing states like Maharashtra.

Blaming the UP government for fixing high cane price arbitrarily and taking coercive steps, UP sugar mills association said the cane prices were 'unsustainable' and said it has written to the state government pleading its case in this regard.

The Indian sugar mills association (Isma) has also warned that crushing operations at UP mills will not take place in October 2014 to September 2015 (the sugar year) as millers will not be able pay the high prices to growers.

A tug-of-war between sugarcane growers and millers resurfaced in Uttar Pradesh as mill owners threatened not to start crushing operations this season due to high cane prices set by the state government at Rs 280 a quintal, Rs 70 more than that set by the centre.

Over 35 lakh farmers and thousands of workers’ livelihood are threatened by this standoff.Facing about Rs 3,500 crore losses this season, private sugar mills in Uttar Pradesh, allegedly cash-starved, threatened on Tuesday to shut down operations in the 2014-15 season if the state government does not link cane price with sugar realisation as is the case in several other sugar-producing states like Maharashtra.

Blaming the UP government for fixing high cane price arbitrarily and taking coercive steps, UP sugar mills association blamed the state government for 'unsustainable' cane prices and said it has written to the state government in this regard. The Indian sugar mills association (Isma) has also warned that crushing operations at UP mills will not take place in October 2014 to September 2015 (the sugar year), as millers will not be able pay the high prices to growers.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • RBI must keep a strict vigil on private debt inflows

    A little over a year ago, RBI governor Raghuram Rajan had observed that central banks of the developed world were excessively liberal with printing mo

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Tushar Gandhi

When too little could mean too late

The calamity in Jammu and Kashmir has once again shown ...

Kuruvilla Pandikattu SJ

Genuine spirituality means true humanity

Every religion promises salvation to its followers. Rarely do we ...

Gautam Gupta

Moral policing is the need of the hour

Recently, when Deepika Padukone raised her voice against an objectionable ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture