NCLT Acknowledges ₹64 Crore in Dues, Providing Assistance to 1,650 Sugarcane Farmers in Chittoor

The district Collector has clarified that the outstanding dues in question pertain to the sugarcane crushing season of 2019-20, with an initial estimated total of approximately ₹35 crore. These dues are owed to local sugarcane farmers by the mills for their produce.

The Collector emphasized the importance of addressing these financial obligations, as timely payments are crucial for the farmers economic stability and the overall health of the agricultural sector in the region. The authorities are working to facilitate negotiations between the mill operators and the farmers to ensure that the owed amounts are settled promptly.

It is noteworthy that delays in payments can adversely impact the livelihoods of farmers, particularly in an industry that is already facing challenges such as fluctuations in sugar prices and increased production costs. The local government is reportedly looking into measures to support farmers in this regard while promoting fair practices within the sugar industry. Further updates on the situation are expected as discussions progress.