Punjab to get better Rs 223.75 cr from 7 personal sugar mills

Ruchika M Khanna and Rajmeet Singh

Tribune News Service

Chandigarh, July 15

The Punjab Government at the moment determined to get better Rs 223.75 crore from seven personal sugar mills, most of them owned by politicians. This restoration is to be made as land income arrears for the largesse prolonged to them by the earlier SAD-BJP authorities.

A subsidy of Rs 50 per quintal on the State Advised Price (SAP) of Rs 280-Rs 295 per quintal of sugarcane was prolonged not solely to the seven personal mills, but additionally the 9 cooperative mills within the state in November 2015 because the sugar costs available in the market plummeted to a file Rs 2,400 per quintal.

However, inside months the sugar costs available in the market rose to Rs 3,800-Rs 4,300 per quintal, however the then SAD-BJP authorities continued to offer the money help to the mills. The challenge of this largesse to non-public mills owned by a former Congress minister, Akali leaders, the household of a deceased liquor baron and an adviser to the earlier authorities was raised by The Tribune following which a committee was arrange.

The committee concluded that the seven personal sugar mills made an enormous revenue operating into crores after the sugar costs zoomed available in the market, whereas stating that the subsidy was required to be given solely when the wholesale sugar costs diversified between Rs 2,500 and Rs 3,000 per quintal.

The then authorities began issuing notices for restoration and the mills approached the judiciary on whose instructions a committee was fashioned underneath the Chief Secretary in November 2017. In its report submitted in April 2018, this committee concluded that the money help was given as a brief assist to alleviate farmers’ struggling and that the quantity paid to the mills should be recovered.

Farmers await dues

  • 5 pvt mills but to launch to farmers dues amounting to Rs305 cr
  • Coop mills owe Rs130 crore to cane growers for previous 2 seasons
  • Senior Agri Dept officers say notices had been despatched to pvt mills

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