LIVE TV
ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Personal Finance
    • PPF
    • Mutual Funds
    • Income tax
    • EPFO
    • Income Tax Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • Home Loan Calculator
    • SIP calculator
    • SWP Calculator
    • MF Returns Calculator
    • Lumpsum Calculator
  • India
    • Companies
    • Property
    • Startups
    • Uidai
  • Economy
    • Aviation
  • Tech
    • Mobiles
    • Apps
  • Auto
    • Cars
    • Bikes
  • Markets
    • Commodities
    • Currency
  • Jobs
  • Indian Railways
  • World
    • Economy
    • Politics
    • Markets
  • videos
  • photos
  • Authors
  • More ...
    • VIDEOS
    • PHOTOS
Read in App
Business News » India News

92% of sugarcane dues paid by sugar mills; arrears plunge to Rs 423 crore

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
92% of sugarcane dues paid by sugar mills; arrears plunge to Rs 423 crore
Sugarcane arrears in India have plunged to Rs 423 crore from a record Rs 21,800 crore last year. Image Source: IANS
Updated: Wed, Jun 29, 2016
03:31 pm
Mumbai, ZeeBiz WebDesk
RELATED NEWS
Now, restaurants and malls will remain open 24/7 Now, restaurants and malls will remain open 24/7
7th Pay Commission: Cabinet gives its approval; employees to get Rs 1 lakh crore 7th Pay Commission: Cabinet gives its approval; employees to get Rs 1 lakh crore
Quess Corp’s IPO opens today; should you subscribe? Quess Corp’s IPO opens today; should you subscribe?

Out of the total sugarcane price dues payable which amount to Rs.52, 900 crore, only Rs.4, 225 crore are pending.

According to a PTI report, Sugarcane arrears in India have plunged to Rs 423 crore from a record Rs 21,800 crore last year, due to rally in the prices of sugar.

The pending cane price arrears for current sugar season pertain to Uttar Pradesh which amounts to Rs 1,975 crore.

Another major portion of the pending arrears about Rs.1, 600 crore belongs to five sugar group companies namely, Bajaj, Mawana, Modi, Simbhaoli and Rana.

Maharashtra and Karnataka which are major sugar producing states have cleared 96% and 94% dues respectively.

Maharashtra being a major sugar producing state has only Rs590 crore as pending dues.

Central Government has been consistently monitoring the position of cane price arrear and advising the State Governments for speedy liquidation of arrears. 

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
sugarcanesugar arrearssugar millsUttar PradeshMaharashtraEconomy
RELATED NEWS
Now, restaurants and malls will remain open 24/7 Now, restaurants and malls will remain open 24/7
7th Pay Commission: Cabinet gives its approval; employees to get Rs 1 lakh crore 7th Pay Commission: Cabinet gives its approval; employees to get Rs 1 lakh crore
Quess Corp’s IPO opens today; should you subscribe? Quess Corp’s IPO opens today; should you subscribe?

LATEST NEWS

Stocks to buy with Anil Singhvi: Sandeep Jain recommends Bharat Bijlee today - Big Money Tip

Maharashtra lockdown e-pass: Here's how to apply for e-pass online and offline, check link, and other details now

Anil Singhvi recommends BUY on Dwarikesh Sugar stock as commodity prices soar; know why

Gold Price Today, April 23: Check rates in Mumbai, Delhi, Chennai and Lucknow

Stocks to buy with Anil Singhvi: Here are Vikas Sethi’s top two picks for good returns - GIC Housing Finance and Hindustan Zinc

CBSE Board Exam 2021 Class 12: Students DON'T MISS this LATEST UPDATE on REVISED DATESHEET - check all details here

Anil Singhvi clocks 400k Twitter followers; thanks everyone for showering love and affection

Banks asked to cut working hours, attendance by IBA, says report; these 4 services to remain unaffected

CBSE Class 10 Class 12 Board Exam 2021: Students check here all the IMPORTANT LATEST UPDATES about your board exams

Cadila Healthcare stock hits lifetime-high on Covid-19 Vaccine approval

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
Copyright © Zee Media Corporation Ltd. All rights reserved