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Sugar MAP can increase farmers’ debt repayments, know how much can increase prices

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new Delhi. The government is going to shock the general public. To give relief to sugarcane farmers, the government may soon increase the minimum selling price of sugar MSP. According to the information, sugar mills of sugarcane (sugar mills) owe about 22 thousand crore rupees for the last financial year 2019-20. Because of which the farmer is very upset. Efforts are being made to reduce the problems of the farmers and to give the mango a headache.

How much can it increase
According to media reports, the government may increase the price of sugar by about Rs 2 per kg. A committee of secretaries has also approved to increase the price of sugar by 2 rupees. There are speculations that this decision will increase the cash flow of sugar mills and companies will be able to pay the farmers easily. The same suggestion to increase sugar prices also came from the sugar producing states. The final decision is now awaited. On the other hand, the decision of NITI Aayog has not given its green signal.

Counts occur between October and September
The Chinese production year is from 1 October every year to 30 September next year. According to government officials, this decision will help farmers, such steps will be taken. According to the State Advised Price, sugar mills owe about Rs 22 thousand 79 crore to sugarcane farmers. At the same time, according to the Fair and Remunerative Price of the Central Government, the outstanding is 17 thousand 683 crores.

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