Left Menu
Development News Edition

Sugarcane farmers will receive Rs 25 per quintal directly from Punjab govt

Devdiscourse News Desk | Chandigarh | Updated: 05-12-2018 20:28 IST | Created: 05-12-2018 20:04 IST

In the backdrop of sugarcane farmers in the state protesting for the past several days, the Punjab government on Wednesday announced that it will pay Rs 25 per quintal extra to the farmers.

"Ending the stalemate over the issue, the Captain Amarinder Singh government has decided to pay Rs 25 per quintal directly to the sugarcane farmers, and also announced immediate release of Rs 65 crore towards the interest on loans taken by private sugar mill owners to clear pending dues of farmers," a spokesperson for the Chief Minister said here.

The Chief Minister has also directed the private sugar mills to immediately start sugarcane crushing operations, which have already been delayed by over a fortnight.

"The Chief Minister has announced that the state government would pay Rs 25 per quintal on sugarcane to the farmers directly out of the State Assured Price (SAP) of Rs 310 per quintal, while the remaining Rs 285 per quintal would be paid to them by the private sugar mills," the spokesperson said.

The decision was taken by the Chief Minister at a meeting with the owners of the private sugar mills here on Wednesday.

The spokesperson said that the Chief Minister also directed the Financial Commissioner - Development to ensure smooth commencement of crushing, along with the meticulous implementation of the settlement reached between the owners of the sugar mills and the state government.

"In line with the commitment made by the state government in 2015 to bear the interest on the loan of Rs 200 crore taken by the private sugar mills to clear the payment of farmers for the 2015-16 crushing season, the Chief Minister also announced that the state government would immediately release the accumulated interest, amounting to nearly Rs 65 crore, directly to the farmers to partly clear dues of Rs 192 crore pending with the private mill owners," the spokesperson added.

The private mill owners assured the Chief Minister that the balance amount due to the farmers for the crushing season 2017-18 would be paid by them directly at the earliest.

(With inputs from agencies.)

Download The Devdiscourse News App for Latest News.


TRENDING

OPINION / BLOG / INTERVIEW

All party meeting - Blocking dialogue not culture of Bengal, Mamata needs to speak up

If that happens, history will record it as the dark age of Bengal....

Diya Jalao for COVID 19: How Modi put Power Grids and power warriors at risk?

While Prime Minister Narendra Modis staunch supporters are busy in search of hidden science behind the sudden announcement of 9minutes9pm campaign but his ignorance of the actual science has put the nation in another danger. The scientists ...

'Diya jalao' for COVID 19: Modi needs to practice his teachings and control fake news on social media

In his video message to the nation on Friday the Prime Minister talks about peoples collective power to win the invincible. However, he has made no concreate efforts to win over the confidence and represent the collective power of the polit...

Videos

Latest News

UK PM Johnson admitted to hospital with persistent coronavirus symptoms

British Prime Minister Boris Johnson was admitted to hospital for tests on Sunday after showing persistent symptoms of coronavirus ten days after testing positive for the virus, although his office said it was not an emergency admission.On ...

Spain and EU commissioners call for common European debt instruments -newspaper

Europe needs debt mutualisation and a common Marshall Plan to recover from the coronavirus pandemic, Spanish Prime Minister Pedro Sanchez told newspaper Frankfurter Allgemeine Zeitung, even as Germany dismissed calls for the debt-pooling id...

UK PM Johnson admitted to hospital with persistent coronavirus symptoms

British Prime Minister Boris Johnson was admitted to hospital for tests on Sunday after showing persistent symptoms of coronavirus ten days after testing positive for the virus.On the advice of his doctor, the Prime Minister has tonight bee...

U.S. braces for 'hardest, saddest' week as some churches defy stay-at-home orders

The United States enters one of the most critical weeks so far in the coronavirus crisis with the death toll exploding in New York, Michigan and Louisiana, but a few governors still resisted issuing stay-at-home orders and a handful of chur...

Give Feedback