Sugaronline India Report – An unexpected side-effect of delayed cane payment

Despite a sharp rally in sugar prices globally and a series of measures taken by the country's regulators—including, among other things, attaching millers’ properties to coerce them to clear off farmers’ dues—the recurring problem of cane payment arrears per-sists. As of January 31, India’s cane dues stood at a whopping INR168.83 billion, out of which