Cooperative Sugar Mills release Rs. 62 crore to sugarcane farmers

Chandigarh, June 18, 2020: As per the directions
of the Punjab Chief Minister Captain
Amarinder Singh, an amount of Rs.
62 crore has been released to the
sugarcane farmers by the Cooperative
Sugar Mills thus initiating the
process of payment of arrears to the
This was disclosed today by Punjab
Cooperation Minister Sukhjinder
Singh Randhawa.
Randhawa said that Rs. 50 crore
has been released by the government
for the arrears of sugarcane farmers
and about Rs. 12 crore has been paid
by the mills at their own level. He
said that all the arrears pertaining to
the year 2018-19 have been paid and
an amount of Rs. 100 crore regarding
arrears of year 2019-20 would
be released soon.
The Co-operation Minister said
that the Government of India is
being approached for early payment
of about Rs. 60 crore as sugar export
subsidy and buffer stock claim of the
co-operative sugar mills so that the
arrears of sugarcane could be settled
as soon as possible.
He said that the state government
is fully committed to the welfare of
the farmers and despite the decline
in government revenue due to the
corona virus and lockdown, all possible
efforts are being made to pay
the arrears due to the sugarcane

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