News Record sugar output, but Maharashtra farmers bitter as prices crash

[Deepu]

It's known as the land of politically powerful sugar barons and has long been the leading producer of sugarcane in the country. But this year, Maharashtra has turned out the highest sugar output ever in its 55-year history. By May, it's expecting an output of a record 103 lakh tons—34% more than in 2014.

But the glut is not good news. Sugar prices have crashed by Rs 700 per quintal and factories have not been able to pay cane farmers their dues. The arrears to cane farmers are estimated to hit a steep Rs 4,500 crore by the end of the season.

Record sugar output, but Maharashtra farmers bitter as prices crash - The Times of India

 

[IndianMascot]

So every way poor farmers are the sufferers. Even after good production, they won't be getting right money for it

 

[Devesh]

U.P. government say, Farmers r born for die.....

 

[Technoglitch]

what the hell, the statement!
Can we eat the money from the corporates? Day is not far when we start to import our food needs from the western countries and already our land is barren due to heavy usage of pesticides and water drought.

 

[DashMajor]

Tats a reason bring non BJP Govt. from now. At least Tamil Nadu, WB, Odisha, Karnataka, UP, Bihar, Uttarakhand, HP is there to save the Country.

 

[Technoglitch]

Even TN is suffering from drought due to less rain and the water crisis.