Punjab CM announces hike in sugarcane price to ₹380 per quintal

Bhagwant Mann announced hike in sugarcane SAP on the last day of Punjab Assembly’s brief session

October 03, 2022 07:53 pm | Updated 07:53 pm IST - Chandigarh:

Punjab Chief Minister Bhagwant Mann speaks during the ongoing session of Punjab Legislative Assembly, in Chandigarh on October 3, 2022.

Punjab Chief Minister Bhagwant Mann speaks during the ongoing session of Punjab Legislative Assembly, in Chandigarh on October 3, 2022. | Photo Credit: PTI

Punjab Chief Minister Bhagwant Mann on Monday announced increasing the price of sugarcane to ₹380 per quintal from the existing ₹360 per quintal.

He announced a hike in SAP (State agreed price) of sugarcane on the floor of the Punjab Assembly on the concluding day of its brief session.

Also read | No viable options: farmers in Punjab forced to persist with paddy, go against the grain

In August 2021, the then Congress government had announced a ₹50 per quintal hike in SAP of sugarcane to ₹360 per quintal.

Mr. Mann said farmers will get an additional ₹20 per quintal under SAP of sugarcane as compared to last year.

With this decision, the State government will spend an additional ₹200 crore annually to benefit the farmers.

Mr. Mann said the farmers of the State eagerly want to adopt sugarcane crop under crop diversification, but they are hesitant for it due to lack of adequate price and timely payment of the crop.

At present, sugarcane is cultivated on just 1.25 lakh hectares of land in Punjab, while the total crushing capacity of sugar mills was around 2.50 lakh hectares. This is why the State government has decided to enhance the price to supplement the income of farmers, he said.

Data | How States compare in agri-production: Punjab and Haryana dominate

Informing the House about the present status of the payments, the Chief Minister said the cooperative sugar mills have already paid the entire dues of the farmers but two private sugar mills have not paid the dues yet.

He informed that the owners of these mills have fled from the country, adding that the state government has already initiated the process to confiscate their assets to pay the pending dues of the farmers.

Top News Today

Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.