Satish Sugars Ltd., controlled by former minister and founder chairman Satish L. Jarkiholi, has belatedly announced to pay another Rs.100 per tonne of sugarcane to the growers who supplied cane to the mill during 2015-16.
However, the amount will be credited to the growers’ bank accounts during October this year, according to a press release issued by the mill’s Managing Director Siddu Vadennavar here on Tuesday.
He said the management had paid a total of Rs.2,100 per tonne to the growers for the season, which included Rs.100 per tonne as per the Fair and Remunerative Price (FRP) announced by the union government. The management, at a meeting presided over by Chairman Pradeep Indi in presence of Vice Presidents (Sugar) L.R. Kargi and P.D. Hiremath (Spirit division), took a decision to pay additional payment considering the plight of growers, he said.
