Reduced ethanol procurement: ISMA warns of financial strain, delay in payment to sugarcane farmers
India's top sugar body cautions the government. A significant reduction in ethanol procurement from sugar mills may cause financial strain. This could lead to delayed payments for cane farmers in the upcoming supply year. The industry also warns of surplus sugar stocks and underutilized distillery capacities. They urge policy adjustments to support the sector and ensure timely farmer payments.
India's top sugar body cautions the government. A significant reduction in ethanol procurement from sugar mills may cause financial strain. This could lead to delayed payments for cane farmers in the upcoming supply year. The industry also warns of surplus sugar stocks and underutilized distillery capacities. They urge policy adjustments to support the sector and ensure timely farmer payments.
