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HomeSugar Industry NewsClear dues in two days, sugar factories told

Clear dues in two days, sugar factories told

BENGALURU: The State Government has directed the sugar factories to clear pending bills of farmers in the next two days (by October 3), failing which  action will be initiated against them.

Directives to the factories were issued after Minister of Sugarcane Development and Sugar Shankar Patil Munenakoppa chaired a meeting with senior officials of the department and representatives of sugar factories in Bengaluru on Friday.

According to a statement issued by the department, Basaveshwara Sugars Ltd, Vijayapura district (Rs 2,211 lakh), Nirani Sugars Ltd, Mudhol (Rs 567 lakh) Someshwara SSK Ltd (Rs 68 lakh) and Saipriya Sugars Ltd, Bagalkot (Rs 415 lakh) are among the seven factories that are yet to clear the bills for 2020-21 crushing season. The minister said that the State Government is committed to protecting the sugar industry, but its priority is to protect the interests of farmers.

The above news was originally posted on www.newindianexpress.com

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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