Uttar Pradesh government in India made a record payment of Rs 1.7 lakh crore to sugarcane farmers

Published 2022년 4월 30일

Tridge summary

The Uttar Pradesh government, led by Chief Minister Yogi Adityanath, has made a record payment of Rs 1.71 lakh crore to sugarcane farmers, marking the largest payment to farmers for this crop in the state's history. This payment underscores the government's commitment to ensuring fair compensation to farmers, as it has paid over Rs 1,70,938.95 crore to more than 45.74 lakh farmers from 2017 to April 2022, a figure that surpasses the previous governments' payments by three times. The Yogi Adityanath government has also reopened sugar mills, leading Uttar Pradesh to become the country's top sugar-producing state. The state's sugar industry, which is crucial for India's economic development, employs approximately 65 lakh people and is located in a region known for its favorable climatic and soil conditions for sugarcane production. To ensure the industry's long-term growth, the government is establishing research and development units to develop disease-resistant and high-yield sugarcane plants.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Uttar Pradesh government, led by Chief Minister Yogi Adityanath, made a record payment of Rs 1.71 lakh crore to sugarcane farmers. Sugarcane is the state's most important cash crop, according to a government press release issued recently. Sugarcane cultivation employs approximately 65 lakh people in the state. According to the release, the Yogi-led government has always prioritized the payment of cane prices to state farmers. From 2017 to April 2022, over 45.74 lakh sugarcane farmers in UP received a record cane price payment of more than Rs 1,70,938.95 crore, indicating the government's pro-farmer stance, according to the release. According to the statement, the payment is more than three times that of the previous governments. Sugar mills that had been closed by previous governments were reopened by the Yogi Adityanath government, and the state now ranks first in the country in sugar production. Sugar industry development is critical to the nation's economic development. Sugar ...

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.