Until the government changes its cane pricing policy, there may be a way around immediate cane payments to help mills’ cash flows.
As many as 18 of Maharashtra’s sugar mills have been fined for starting their crushing operations without valid licenses. It is no secret that the major reason for denial of the crushing license is the failure to clear cane dues which for this Indian state stood at INR34 billion for 2021/22 season. But the major
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