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Clear dues in two days, sugar factories told

By Sugar Times Team

5 October 2021

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

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Sugar Times Team

http://sugartimes.co.in

Published: 5 October 2021

Covering India's sugar & bio-energy industry — market news, policy updates, and agricultural intelligence for the industry.

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