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Friday, 1 January 2021

37 days on, Yamunanagar mill starts clearing Rs95 cr cane dues

Shiv Kumar Sharma

Tribune News Service

Yamunanagar, December 31

Saraswati Sugar Mills on Thursday started the process to clear the dues of cane farmers. In the beginning, it will pay Rs 95 crore for the sugarcane supplied to the mill up to December 21.

The mill, which started its crushing operation on November 24, is making payment after 37 days as the state government had failed to issue a notification for the enhanced price of sugarcane timely.

As per a provision of the Punjab Sugarcane (regulation of purchase and supply) Act, the sugar mills are required to make the cane price payment within 14 days from the date of supply to the mill.

"On Thursday, we started clearing dues of cane farmers. At first, we are clearing the payment of farmers who have supplied sugarcane to the mill up to December 21," said DP Singh, senior vice-president (cane) of the mill.

According to information, the mill has crushed about 36 lakh quintal of sugarcane up to December 30.

DP Singh said they had been following the Covid protocol strictly for the safety of farmers and employees of the mill. "We are also making the farmers aware of road safety. Our teams are fixing reflectors on tractor-trailers of sugarcane farmers free of cost to avert accidents during fog," he added.

Notably, the Haryana Government had hiked the sugarcane rate by Rs 10 per quintal this year but the notification in this regard was made recently. The rate of early variety of sugarcane has also been increased to Rs 350 per quintal this year from Rs 340 per quintal in 2019. The rate of mid variety has been raised to Rs 345 from Rs 335 and that of late variety from Rs 330 to Rs 340 per quintal.



from The Tribune https://ift.tt/3o4uh0D

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