Pune: Amid all the odds, sugar mills in Maharashtra are clearing the cane arrears with good speed.
According to the news report published in Arowon.com, sugar mills in the state have cleared around 99 per cent cane dues. The millers have paid cane arrears of around Rs 13,759 crores out of 13,891 crores. Now the pending amount is Rs 132 crore.
Coronavirus has put sugar industry in the grim situation but despite this, mills in the state were continuously engaged in sugarcane crushing to ensure cane growers do not suffer any loss.
According to the Indian Sugar Mills Association (ISMA), Maharashtra’s net cane area has gone up by about 43% in 2020-21 SS, which is mainly due to above normal SW and NE monsoon in 2019, followed by normal rainfall from January to March’ 2020. As against the net cane area of 7.76 lakh ha. in 2019-20 SS, area is expected to increase to 11.12 lakh ha in 2020-21. It is noteworthy that during the current 2019-20 SS around 0.5 lakh ha cane area was completely lost due to floods in July- August’ 2019.
To Listen to this News click on the play button.
