Sugar Industry – FRP, SAP, Rangarajan Committee, EBP, MIEQ, etc.

Mawana Sugars almost gives up

  1. Welcome to UP, where sugar mills are raring to shut down the operations!
  2. Out here, sugarcane and sugar prices are not linked unlike what’s been done in Maharashtra and Karnataka.
  3. Banks are running away from giving loans to mills. Most of the money that is coming from the sale of sugar is going to farmers & mills are getting ~nothing.
  4. The states can fixe their own cane price, which is much higher than the Centre’s cane price, known as ‘Fair and Remunerative Price’ (FRP).
  5. But here’s a catch – Mills cannot shut down when they want – they can do so only when the district magistrate allows them to do so.