VIJAYAWADA: The Federation of Sugarcane Growers Association has ‘unanimously’ demanded a minimum support price (MSP) of Rs. 1,800 a tonne for sugarcane in the wake of a heavy increase in production costs.
Addressing a press conference after a meeting with its members here on Tuesday, federation president Mallela Padmanabha Rao and secretary N.S.V. Sarma said the members unanimously demanded that the government announce the State Advisory Price (SAP) of Rs. 300 a tonne.
The office-bearers said nearly Rs. 100 crore was due to sugarcane farmers from factory owners as per the Bhargava Formula. “L” value for the past five seasons was yet to be formulated by the Central government.
They said that the federation, in another resolution, demanded that sugar factories take the initiative for modernisation of the industry. The benefit of the loan waiver should go to the sugarcane grower and not to the factory management.