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Sugarcane price logjam broken

Last Updated: Friday, November 11, 2011 - 19:15

Zeebiz Bureau

New Delhi: The logjam over sugarcane prices between Maharashtra Government and sugarcane farmers, Friday, was broken following an agreement between the government and farmers over the pricing of cane.

As per the agreement, the Government has fixed three rates for cane. The new rates will be different in different cities. In Kohlapur, Satara and Sagri, canes would be priced at Rs 2,050 per tonne. While in Pune, Solapur and Ahmednagar, canes would be priced at Rs 1,850 per tonne.

Apart from the above-mentioned six cities, rest of Maharashtra would have to settle upon Rs 1,800 per tonne of sugarcane.

Farmers' leader and MP Raju Shetty had been on a fast for the last four days pressing for the demands of hiking the price of sugarcane to Rs 2,350 per tonne.

The talks to resolve the sugarcane price hike issue remained inconclusive yesterday, as state Cooperation Minister Harshavardhan Patil sought more time to discuss certain 'policy matters' with Chief Minister Prithviraj Chavan.

Chavan had also called for a "practical solution" to the sugarcane growers' demand, stating that the "mathematics" of sugar industry should be considered while working out the solution.

First Published: Friday, November 11, 2011 - 19:15
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