Sugarcane (token photo)
The Indian Sugar Mills Association (ISMA) says that the cash position of the sugar mills has been affected due to the weak price of sugar.
It is necessary to improve the revenue receipt of sugar mills
Isma (ISMA) said it hoped the government would raise the minimum sale price of sugar from the current level to improve the condition of sugar mills. ISMA has said in a statement that it is necessary to improve the revenue receipt of sugar mills otherwise if the current situation worsens, the cane arrears of farmers will increase rapidly.
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The Indian Sugar Mills Association, citing government data, said that the cane dues are higher this year than they were a year ago. It was Rs 19,200 crore in the same period a year ago.