What impact do sugar exports have on clearing arrears for cane farmers in India
Sugar exports helped in clearing arrears to cane farmers, say millers
- Sugar exports provide an additional source of revenue for sugar mills in India, which allows them to better manage their finances and clear arrears owed to cane farmers.
- The income generated from sugar exports can be used by millers to pay off overdue payments to cane farmers, thus improving their financial situation.
- By exporting sugar, mills can secure better prices in the global market, leading to higher profits that can be used to settle outstanding dues to the farmers.
- Clearing arrears for cane farmers through sugar exports strengthens the relationship between farmers and millers, fostering a more sustainable and cooperative environment in the sugar industry.
- Overall, sugar exports play a crucial role in addressing the issue of arrears and ensuring a fair and timely payment system for cane farmers in India.
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2 months ago