Sugaronline India Report – An unexpected side-effect of delayed cane payment
26th March 2021
Cane farmers are switching to a surprising alternative crop, resulting in the desired reduction of cane availability.
Despite a sharp rally in sugar prices globally and a series of measures taken by the country's regulators—including, among other things, attaching millers’ properties to coerce them to clear off farmers’ dues—the recurring problem of cane payment arrears per-sists. As of January 31, India’s cane dues stood at a whopping INR168.83 billion, out of which
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