К : Emergency news service | Mumbai |

Published : 16. May 2020 4:34:44

Sharad Pavar writes to PM Modi, looking for a higher PSM for sugar

In his letter to Modi sent on Thursday, Pavar called on the Centre to intervene urgently to save the industry from a crisis now exacerbated by a blockade.

NCP Chairman Sharad Pawar has written to Prime Minister Narendra Maudie to raise the minimum support price (MSP) for sugar from Rs.3450 to Rs.3750, in stages for varieties and stages of processing sugar mills into Strategic Enterprise Units (SEUs). He also tweeted about the Aatmanirbhar Bharat package announced on Friday by EU Finance Minister Nirmala Sitaraman.

In his letter to Maudie on Thursday, Pavar asked the Centre to intervene urgently to help the industry overcome the crisis, which has been exacerbated by the blockade.

In April, Mr Pavar wrote to the Prime Minister three times, highlighting the problems of migrants and disorganised workers and the agricultural sector and seeking an economic package for them.

The former EU Minister of Agriculture, who had previously held a meeting of the Maharashtra State Cooperative Sugar Factory Federation, also added the Federation’s recommendations, while raising issues related to the sector.

In that letter, Pavar requested funds to cover the costs of export promotion and buffer stocks to be built up in 2018-19 and 2019-20. It also asked the Centre to increase its capacity for milling sugar from 3 450 rupees to 3 750 rupees and to consider a flat-rate aid of 650 rupees per tonne of average cane milled in the last two years.

Other measures proposed include the conversion of the outstanding working capital debt into a short-term loan and the rescheduling of all long-term loans over 10 years with a delay of two years for the implementation of the Mitra Committee’s recommendations. The head of NPC also said the government should treat the sugar distilleries as SBUs and that the banks should finance ethanol production projects on a stand-alone basis approved under the interest subsidy programme announced by the Centre in 2018.

More than 30 Lahari farmers grow cash crops, whose livelihood depends on buying and paying sugar factories. According to the National Cooperative Bureau, 528.34 lah. tons of reeds were crushed in the first week of April. At least 146 mills were involved in milling, including 79 cooperative mills and 67 private mills.

Pavar also tweeted on Friday to criticise the agricultural package announced by the Centre. Disappointed by the agricultural package announced today by Mr. Atmanirbhar. The package must be declared taking into account the losses caused by the blockage. Not a word about the restructuring of farmers’ loans, the moratorium on farmers’ loans and the lower interest rates for farmers, he wrote on Twitter.

He stressed the lack of clarity about the financial support for the rhino season: There is no clarity about the financial support for the next rhino season or how the gardeners can absorb their losses. This ad looks like a five-year plan, not a package.

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