Sugar mills obtained ₹15,948 cr from govt in 5 years

The Authorities has launched round ₹15,948 crore to sugar mills in varied schemes in 5 years, in line with a reply in Rajya Sabha on Friday. Replying to a query in Rajya Sabha, Anupriya Patel, Union Minister of State for Commerce and Trade, stated that the Centre has introduced varied schemes within the final 5 years to enhance liquidity of the sugar mills enabling them to clear cane worth dues of farmers.

These schemes included creation and upkeep of buffer inventory of 30 lakh tonnes (lt) of sugar with impact from July 1, 2018 to June 30, 2019, and the scheme for defraying expenditure in the direction of inner transport, freight, dealing with and different fees on export of sugar season 2018-19.

There was a scheme for offering help to sugar mills for bills on advertising and marketing prices, together with dealing with, upgrading and different processing prices and inner transport and freight fees for sugar seasons 2020-21, 2019-20 and 2018-19. There was additionally help to sugar mills season 2019-20 to facilitate export of sugar. “Beneath these schemes, a sum of about ₹15,948 crore has been launched to numerous sugar mills of the nation in final 5 monetary years, together with the present fiscal until January 31,” she stated.

Espresso

To a separate query on espresso manufacturing, Anupriya Patel stated Karnataka produced 2.48 lt of espresso on an space of two.46 lakh hectares (lh) throughout 2022-23. This was adopted by Kerala at 72,425 tonnes on space of 85,957 hectares, and Tamil Nadu at 18,700 tonnes on an space of 35,685 hectares. Export of espresso and low merchandise in worth phrases stood at $1,146 million throughout 2022-23, and $1,016 million throughout 2021-22.

Agri GVA

In the meantime, Rajya Sabha was knowledgeable that Gross Worth Added (GVA) of agriculture and allied sector has been rising at a fee of 4.4 per cent every year during the last eight years. Arjun Munda, Minister for Agriculture and Farmers’ Welfare, instructed Rajya Sabha that the Authorities has adopted and carried out a number of insurance policies, reforms, developmental programmes and schemes for reaching increased incomes for the farmers straight or not directly.

Along with this, the Authorities has considerably enhanced the finances allocation of the Ministry of Agriculture and Farmers’ Welfare from ₹27,662.67 crore throughout 2013-14 BE to ₹1,25,035.79 crore throughout 2023-24 BE.

Consequently, GVA of agriculture and allied sector has been rising at a fee of 4.4 per cent every year during the last eight years, he stated.