Maharahtra sugar mills seek subsidy to compete with mills in UP
Sugar millers from Maharashtra are going to approach Prime Minister Narendra Modi and Union minister Nitin Gadkari to hunt grant of Rs 150 per quintal on domestic sale of sugar in order that they’re ready to vie with mills from Uttar Pradesh.
The decision was taken at a gathering of sugar millers and stakeholders referred to as by Maharashtra deputy chief minister Ajit Pawar to debate problems associated with the sugar sector. Millers square measure seeking grant claims against railway receipts on dispatches of sugar on the grounds that they’re losing market share to Uttar Pradesh.
Prakash Naiknavare, MD, National Federation of Cooperative Sugar Factories, same mills from Maharashtra have lost their ancient market share within the north and northeast to mills from Uttar Pradesh once the state overtook Maharashtra in sugar production. “Mills from Uttar Pradesh turn out ‘M’ grade of sugar that commands a premium of Rs 1.5 per kg, and since there’s no grade-wise minimum support worth (MSP), the ‘M’ grade is sold at an identical worth as ‘S’ Grade,” he explained.