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Sugarcane arrears comes down to Rs 6,225 crore for sugar season 2015-16

09 Jun 2016 Evaluate

The sugarcane arrears to farmers from mills have come down to Rs 6,225 crore in the ongoing sugar season. Out of Rs 6,225 crore cane arrears, Uttar Pradesh has a maximum share of Rs 2,428 crore followed by Rs 1,325 crore in Karnataka and Rs 883 crore in Maharashtra. At present about 87% cane dues have been paid for sugar season 2015-16. The dues stood at Rs 19,437 crore during the same period of last year.

The cane arrears had touched Rs 21,000 crore in April of the 2014-15 sugar season (October-September) as sugar prices were subdued due to surplus sugar production for last five years.

India’s sugar production is estimated to be 25 million tonnes in 2015-16 season, as against 28.3 million tonnes in the previous year.



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