Raising Cane
Cash-strapped mills and angry farmers: sugar is on the boil again.
by Kiran D Tare
Jan 19, 2019
2 minutes
Angry over delayed payments for their sugarcane produce, farmers torched the offices of six sugar units in Sangli and Satara on January 12. Their payment were two-and-a-half months overdue. The Sugarcane Control Act mandates release of payments within 14 days. Facing a cash crunch owing to a slump in the price of sugar, the mill managements said they were ready to release partial payments, but agitating
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