India: Uttar Pradesh to set new record in sugarcane payments to farmers

Published 2023년 3월 6일

Tridge summary

Uttar Pradesh Chief Minister, Yogi Adityanath, announced that the state has reached a milestone by making sugarcane payments worth over Rs 2 lakh crore to farmers via DBT, a first in the country's history. This achievement, made within six years of his government's tenure, was highlighted by sugar industry and cane development minister, Chaudhary Laxmi Narayan. Narayan mentioned that out of the total dues of Rs 2.03 lakh crore for the current season, Rs 65 crore was transferred to farmers on Monday, with the remaining dues of Rs 3,000 - 4,000 crore yet to be paid. Additionally, the state is now the largest ethanol producer in the country, with sugar mills producing ethanol to be used as alternative fuel, aiming to increase farmers' income. However, Bhartiya Kisan Union leader, Alok Verma, pointed out that not all mills are complying with the rule of paying farmers within 14 days of receiving their cane.

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Original content

(MENAFN- IANS) Lucknow. March 7 (IANS) Uttar Pradesh Chief Minister Yogi Adityanath has said that the state is all set to create a new record in the country as sugarcane payments totalling more than Rs 2 lakh crore were now reaching farmers' bank accounts via DBT (direct benefit transfer) for the first time.The milestone has been achieved in the six years since the Yogi Adityanath government came to power for the first time in March 2017.According to sugar industry and cane development minister Chaudhary Laxmi Narayan, Rs 65 crore for the current crushing season was transferred to farmers on Monday after which the total dues paid over the last six years crossed the Rs 2 lakh crore-mark.The figure had already reached around Rs 1.97 lakh crore last month.'Barring some legally disputed amount, there are no old sugarcane dues pending against sugar mills though an amount of Rs 3,000 - 4,000 crore for the current season still remains to be paid. More than 70 per cent of the current dues ...

Source: Menafn