Sugar mills in Maharashtra have paid out ninety seven per cent Fair and Remunerative Price (FRP) to farmers this year right after the completion of the crushing season. Mills paid out an FRP of ₹13,149.fifty six crore even though dues well worth ₹358.66 crore are pending this season.
The information unveiled by the Sugar Commissioner Business office states that a hundred and forty four sugar mills crushed 550.13 tonnes of sugarcane. Mills had to pay out ₹13,508.22 crore as FRP to farmers, of which ninety seven per cent was paid out by June fifteen. About 107 sugar mills have paid out 100 per cent FRP.
Compared to 73 sugar mills that gained Earnings Recovery Certificate (RRC) past season, no sugar mill was slapped with the see this year. Final year, 195 mills had crushed 952.eleven tonnes cane and had paid out ₹21,931 crore in FRP. FRP arrears for past year