The decision, taken at a Cabinet meeting chaired by Chief Minister Yogi Adityanath, is expected to benefit nearly 45 lakh sugarcane farmers across the state. The hike comes ahead of the upcoming crushing season and follows sustained demands from farmer unions for better remuneration amid rising input costs.
Read MoreA steep fall in maize prices has left hundreds of farmers in Koppal district facing financial distress. The sudden price crash, coming soon after a good harvest, has shattered farmersβ hopes of earning fair returns for their hard work.
Read MoreThe Dwarkadhish Sugar Factory in Nashik district has announced plans to crush 6 lakh tons of sugarcane during the upcoming crushing season. Factory officials stated that all necessary preparations have been completed to ensure smooth and efficient operations.
Read MoreSpeaking to the media after a meeting with representatives from sugar mills and farmer associations, the Chief Minister said the government is committed to ensuring a fair and profitable price for farmers while maintaining the stability of the sugar industry.
Read MoreUttar Pradesh, Indiaβs largest sugar-producing state, is expected to record a 2% increase in sugar production this season, even as the area under sugarcane cultivation has slightly declined. πAccording to industry officials, the rise in production is being driven by higher sugar recovery rates and improved farm productivity across major cane-growing districts such as Meerut, Saharanpur, and Muzaffarnagar.
Read MoreIn a major relief to maize (corn) farmers across Telangana, the state government has announced an increase in maize procurement for the current season. The move comes as a response to falling market prices and growing concerns among farmers about unsold produce.
Read MoreThe PSMA called on the government to approve a proposed deregulation policy for the sugar sector early, arguing that this will help sugarcane growers secure better prices for their crops. The statement noted that last year, farmers benefitted from improved sugarcane rates when there was minimal government interference and cooperative efforts from the governments of Punjab and Sindh.
Read MoreKarnataka Chief Minister has announced that a meeting will soon be held with distillery operators across the state to direct them to begin immediate procurement of maize for ethanol production.
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