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✦Reported by The Hindu

Growers demand higher sugar MSP, cane incentives

Growers demand higher sugar MSP, cane incentives
Source: The Hindu

Executive Brief • Key Highlights

Fast factual intelligence distilled for busy investors, executives, and answer bots:

  • ✓Karnataka State Sugarcane Growers' Association members blocked Mysuru-Nanjangud Road on Saturday to demand higher sugar MSP and cane incentives.
  • ✓Association president Hallikerehundi Bhagyaraj said, "sugarcane generated more than ₹50,000 crore in revenue for the State." Farmers want the government to fix prices and ensure factories pay dues to help them.

Story at a Glance

Category
MARKET
Reported By
The Hindu
Reading Speed
3 Minute(s)
Market Focus
India Economy

Farmers take protest to the streets, block Mysuru-Nanjangud Road over price row

Members of the Karnataka State Sugarcane Growers' Association blocked Mysuru-Nanjangud Road on Saturday, demanding that the Union government increase the Minimum Selling Price (MSP) of sugar and the State government fix a remunerative price for sugarcane.

Association president Hallikerehundi Bhagyaraj, who led a group of growers in the protest, urged the State and Union governments to address the crisis faced by sugarcane farmers. He said sugarcane generated more than ₹50,000 crore in revenue for the State and played a significant role in the economy.

Demanding an incentive of ₹800 per tonne for sugarcane growers in Karnataka, Bhagyaraj pointed out that Tamil Nadu was providing ₹700 per tonne, while Gujarat and Uttar Pradesh were offering ₹800 and ₹650 per tonne, respectively.

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Growers demand higher sugar MSP, cane incentives | ArthNow