Maharashtra: 166 sugar mills make 100 per cent sugarcane payment
Pune: The 2023-24 sugarcane crushing season in Maharashtra has concluded with significant progress in farmer payments. By June 15, 2024, 166 of 208 mills completed FRP payments, achieving a 99.02% payment rate. The total FRP payable was Rs 36,605 crore, with Rs 36,247 crore already disbursed. Despite this success, 33 mills lagged behind, with some paying only 60-79% and one mill under 59%. Revenue Recovery Certificates have been issued to seven mills to address pending payments.
Pune: The sugarcane crushing season for 2023-24 has concluded in Maharashtra, and sugar mills are successfully meeting the obligations for sugarcane payments.
As of June 15, 2024, 166 sugar mills out of 208 sugar mills made complete FRP payments to farmers. This amounts to the 99.02 per cent actual FRP payment rate across the State and showcases commitment to the interest of farmers by the industry.
This has been possible because of the concerted effort of sugar mills and the continuous focus of the government to ensure timely FRP payments to farmers.
The total FRP amount payable (Including H&T) for the season was Rs 36,605 crore. Out of this, actual FRP paid (Including H&T) was Rs 36,247.
Data from the sugar commissioner’s office shows whereas most of the mills have done exceedingly well, some are still lagging to make complete payment. Currently, 33 mills have paid in the range of 80% to 99% of FRP, with 8 mills in the 60% to 79% payment range. One mill has paid only 0-59% of the FRP.
Revenue Recovery Certificates have been issued to 7 sugar mills to clear pending sugarcane payments.
Source Link : https://www.chinimandi.com/maharashtra-166-sugar-mills-make-100-per-cent-sugarcane-payment/
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