Punjab govt to pay Rs 25 per quintal directly to cane farmers

272
Punjab Chief Minister Capt Amarinder Singh..File Photo

Ending the stalemate over the cane growers’ dues, the Captain Amarinder Singh government has decided to pay Rs 25 per quintal directly to the sugarcane farmers, while also announcing immediate release of Rs 65 crore towards the interest on loans taken by private sugar mill owners to clear pending dues of farmers.

The Punjab CM has also directed the private sugar mills to immediately start the crushing operations, which have already been delayed by over a fortnight.

He announced that the state government would pay Rs 25 per quintal on sugarcane to the farmers directly out of the State Assured Price (SAP) of Rs 310 per quintal, while the remaining Rs 285 per quintal would be paid to them by the private sugar mills.
The decision was taken by the Chief Minister at a meeting with the owners of the private sugar mills here at his official residence this afternoon. The spokesperson said the agreement came after detailed discussions held between senior government officers, at the Chief Secretary’s level, and representatives of private sugar mills.

According to an official spokesperson, Captain Amarinder has also directed the Financial Commissioner Development to ensure smooth commencement of crushing, along with meticulous implementation of the settlement reached between the owners of the sugar mills and state government.

In line with the commitment made by the state government in 2015 to bear the interest on the loan of Rs 200 crore taken by the private sugar mills to clear the payment of farmers for the 2015-16 crushing season, the Chief Minister also announced that the state government would immediately release the accumulated interest, amounting to nearly Rs 65 crore, directly to the farmers to partly clear dues of Rs 192 crore pending with the private mill owners.

The private mill owners assured the Chief Minister that the balance amount due to the farmers for the crushing season 2017-18 would be paid by them directly at the earliest.

The Private Mill owners at the meeting included Rajinder Singh Chadha, Kamal Oswal, Rana Inder Singh, Jarnail Singh Wahid and Kunal Yadav.