The government of Karnataka has decided to release Rs 300 crore as additional support price to sugarcane farmers for this fiscal. The support price of Rs 150 per tonne is in addition to the minimum price of Rs 2,500 per tonne the state government has fixed for sugar mills to pay farmers.
The amount will be paid to farmers through deputy commissioners of respective districts. During the current sugar season sugar mills will crush an estimated 30 million tonnes of cane.
Meanwhile, the cabinet has also decided to set up an additional milk dairy in Chamarajanagar district in the old Mysore region at a cost of Rs 83 crore.