Sugar mills in Maharashtra, Karnataka, Bihar, and other states cleared 100% cane dues for 2023-24 season
Sugar mills across major Indian sugarcane-producing states have cleared 100% of cane dues for the 2023-24 season, bringing relief to farmers. As of December 13, 2023, about Rs 1,10,399 crore of the total Rs 1,11,674 crore cane dues had been paid, with only Rs 1,275 crore remaining. Mills have also started paying for the 2024-25 season, with Rs 11,141 crore in dues, of which Rs 3,015 crore is still pending.
Sugar mills across major sugarcane-producing states in India, including Maharashtra, Karnataka, Bihar, Punjab, Madhya Pradesh, Telangana, Chhattisgarh, and Odisha, have successfully cleared 100% of their cane dues for the 2023-24 season, providing major relief to farmers.
According to the Department of Food & Public Distribution, 100 per cent cane dues cleared to sugarcane farmers in Maharashtra, Bihar, Karnataka, Punjab, Madhya Pradesh, Telangana, Chhattisgarh, Odisha for 2023-24 season.
Sugar mills across India have already started paying sugarcane farmers for the 2024-25 sugar season, Food Minister Pralhad Joshi informed the Lok Sabha last week. As of December 13, the total cane price payable was Rs 11,141 crore, with Rs 3,015 crore still pending.
For the previous 2023-24 sugar season, of the total cane dues of Rs 1,11,674 crore, around Rs 1,10,399 crore had been paid by December 13, leaving only Rs 1,275 crore outstanding. This effectively cleared 99% of the dues.
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Source : Chinimandi
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