Friday 30 Aug '13Pulled up by the Allahabad High Court for not taking action against sugar factories for their failure to pay farmers’ dues for cane purchases four months after the crushing season was over, the Uttar Pradesh government on Thursday issued recovery certificates (RCs) against five mills with maximum cane arrears.
Saturday 24 Aug '13Even as the sugar industry faces one of its toughest periods in UP, farmers have come up with a solution to fix bottom lines of sugar factories. Their suggestion: Since MNCs in the confectionary, bakery and fizzy drink sectors consume almost 75% of the total sugar in the country, they should pay a higher price for purchases.
Friday 02 Aug '13In an important decision taken by the Uttar Pradesh Cabinet on Thursday it was agreed upon that the state would stand government guarantee towards issuance of bonds and bank loans taken by power distribution companies
Wednesday 24 Jul '13Sugar mill owners in Uttar Pradesh have told the state that they can't pay even last year's cane price of Rs 280 per quintal unless the government gives a relief of Rs 40 per qtl to the industry or pays this amount to the sugarcane growers directly.
Monday 24 Jun '13In what could be the beginning of a new chapter for the Uttar Pradesh’s sugar industry, private player Integrated Casetech has won the bid to run the lone UP Sugar Corporation sugar mill of Mohiuddinpur on an annual contract basis.