Sugar Co-ops: Fund allotted for cane development in Haryana

According to a report from Press Trust of India Haryana government has decided to initiate a cane development plan of all ten cooperative sugar mills in the state for the year 2015-16.

Haryana State Federation of Cooperative Sugar mills said the target for cane area has been set for 83,800 hectares with 526 lakh quintals of estimated cane production. The availability of cane for crushing would be 355 lakh quintals, he said.

A cane development plan for Rs 42.16 crore has been prepared, out of which Rs5.70 crore would be borne by the sugar mills as subsidy and remaining Rs 36.46 crore would be made available to farmers as interest-free loan for arranging various inputs like seeds, fertilisers and agro- chemicals, he added.

The production of sugar was 29.81 lakh quintals during 2014-15 as compared to 28.79 lakh quintals during 2013-14. The sugar mills had 91.52 per cent capacity utilisation as compared to 90.46 per cent in 2013-14, he said.

The cooperative sugar mills exported 8.07 crore units of power during 2014-15 as compared to 7.84 crore units in 2013-14. Besides, power of value Rs 32.70 crore was exported by the sugar mills during 2014-15 as compared to Rs 31.75 crore during the previous year, he said.

 

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