Sugar News in English

Maharashtra : 199 Co-op Sugar mills operational nationwide

In the 2024–25 sugar season, 534 sugar mills operate in India, including 199 cooperative-run units. Maharashtra revived 19 of 21 inactive cooperative mills via lease or partnerships. NCDC granted ₹4,355.12 crore to 33 mills, while MSC Bank disbursed ₹630.10 crore to five units across key districts with government backing.

In a written reply in the Lok Sabha, Union Minister of State for Consumer Affairs, Food & Public Distribution, Ms. Nimuben Bambhaniya, said that in the ongoing sugar season of 2024-25, a total of 534 sugar mills are operational across the country, out of which 199 are run by cooperative societies.

In a major push to revive the cooperative sugar sector, the Government of Maharashtra has informed that while 21 cooperative sugar mills remain inoperative, 19 have been successfully revived through lease, partnership, or joint venture models.

Further bolstering the sector, the National Cooperative Development Corporation (NCDC) has extended financial assistance to 33 cooperative sugar factories across several districts of Maharashtra. The combined support under this initiative amounts to a substantial Rs 4,355.12 crore, with prominent beneficiary districts including Solapur, Pune, Latur, Sangli, and Jalgaon.

Additionally, the Maharashtra State Cooperative (MSC) Bank, backed by government guarantees, has sanctioned aid to five cooperative sugar factories, disbursing a total of Rs 630.10 crore. The beneficiary districts under this support include Solapur, Pune, Beed, and Nanded.

To Read more about  Sugar Industry  continue reading Agriinsite.com

Source : Indian Cooperative

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

The Latest

To Top