<div>The Cabinet today approved eight thousand crore rupees package for sugar industry to ensure that cash-starved mills clear dues to farmers. This was confirmed by highly placed sources after the Cabinet meeting chaired by Prime Minister Narendra Modi.&nbsp;</div>''<div><br />''</div>''<div>Last month, the government had announced over 1,500 crore rupees production-linked subsidy for sugarcane farmers to help millers pay cane payments. Sugar mills are unable to make payments to cane growers as their financial health has worsened due to a sharp fall in sugar prices after a record production of 31.6 million tonne so far in the 2017-18 season. <br />''</div>
News On AIR | June 6, 2018 1:50 PM
Cabinet approves a package for sugar mills to clear farmers' dues