Sugar minister assures higher MSP for sugar cane

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Mysore, Jun 17 (UNI) Karnataka Sugar and APMC minister Shivaraj A Tangadagi today said that the government would file a petition in the high court seeking to vacate the stay on the additional payment of Rs 160 per tonne as subsidy by the sugar mills to the sugarcane farmers which was sanctioned during the Governors rule.

Speaking to newspersons he said that the government would file an objection in the next two days against the stay obtained by The South Indian Sugar Mills Association on the payment of subsidy.

The government was also planning to announce the support price for the sugarcane after the union government announced its support price for the next year.

The proposal would also before the government on rehabilitation of the sick sugar mills in the state. Out of 57 sugar mills 47 have already crushed 253 lakhs tonnes of sugar cane so far this season and there was another 30 lakhs metric tonnes that remained uncrushed.

Stating that the government has marked Rs 1000 crore revolving fund to provide subsidies to the farmers produces and it would be announced in the budget on July 10, he added.

He said the government had made an attempt to provide crop pledge loans to the farmers produces upto to Rs 2 lakhs in the APMCs.


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