date:Sep 20, 2018
ers get the cane price they were promised.
Saddled with massive stocks of sugar and a sharp fall in prices, mills have said they are unable to pay cane farmers the governments fixed price on time. Sugar companies owe about 135 billion rupees ($1.85 billion) in the current season to cane growers, who form a large voting bloc, a government official told Reuters.
To help mills export 5 million tonnes of sugar, the government is likely to give them transport subsidies worth 30 billion rupees, a se