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Homesugar millMaharashtra’s sugar mills clear 99.92 per cent cane dues in season 2023-24

Maharashtra’s sugar mills clear 99.92 per cent cane dues in season 2023-24

In a major boost for India’s sugarcane sector, sugar mills in top-producing states have made significant progress in paying farmers for the 2023-24 season. Maharashtra, a leading sugar producer, has cleared 99.92 per cent of its dues, totaling Rs 36,732 crore.

According to the Department of Food and Public Distribution (DFPD), with 99.92 per cent of cane dues cleared in sugar season 2023-24, Maharashtra’s sugar mills have paid out Rs 36,732 crore to farmers.

In a similar vein, Karnataka also performed better in terms of making payments. As of November 14, 2024, Karnataka’s sugar mills have cleared 100 per cent of the cane dues for the 2023-24 season, with Rs 19,890 crore paid to farmers.

This accomplishment reflects the success of government policies aimed at securing fair and timely payments for farmers, which have contributed to greater stability in the agricultural sector. Both Maharashtra and Karnataka’s efforts in making timely payments align with broader initiatives across India’s sugar-producing states, which have made significant progress in clearing outstanding dues.

Sugar Times Team
Sugar Times Teamhttps://www.sugartimes.co.in
The Sugar Times Editorial Team is a group of experienced journalists, analysts, and industry experts dedicated to providing in-depth coverage and insights on the global sugar industry. With years of experience in agriculture, trade, sustainability, and market trends, the team brings a wealth of knowledge and expertise to every article they produce.Focused on delivering accurate, timely, and relevant news, the Sugar Times Editorial Team aims to keep industry professionals, stakeholders, and enthusiasts informed on key developments in sugar production, trade policies, innovations, and sustainable practices. Their collective goal is to help readers navigate the complexities of the sugar sector and stay ahead of emerging trends shaping the future of the industry.You may submit your article on info@sugartimes.co.in if you have valuable contributions for the industry readers.
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