{"id":28350,"date":"2018-10-24T11:58:27","date_gmt":"2018-10-24T06:28:27","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=28350"},"modified":"2018-10-24T11:58:27","modified_gmt":"2018-10-24T06:28:27","slug":"sugar-production-set-to-hit-a-record-high-next-season","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/sugar-production-set-to-hit-a-record-high-next-season\/","title":{"rendered":"Sugar production set to hit a record high next season"},"content":{"rendered":"<p><a href=\"https:\/\/www.thehindu.com\/business\/agri-business\/sugar-production-set-to-hit-record-high-next-season\/article24436109.ece\">Sugar production set to hit a record high next season<\/a><\/p>\n<p><strong><u>News:<\/u><\/strong><\/p>\n<ol>\n<li>According to industry estimates, cane farmers may face about Rs 25,000 crore in payment arrears from sugar mills.<\/li>\n<\/ol>\n<p><strong><u>Important facts:<\/u><\/strong><\/p>\n<p>2. As per the Indian Sugar Mills Association estimate, the total acreage under sugarcane in the country is estimated to be around 54.35 lakh hectares this kharif season, an 8% increase from the last year.<\/p>\n<p>3. ISMA expects mills to produce a record of 350-355 lakh tonnes of sugar next year, higher than the 322 lakh tonnes produced this year.<\/p>\n<p>4. According to Food Ministry in May 2018 mills pending dues to farmers had crossed Rs 22,000 crore .<\/p>\n<p>5. In June, the arrears had dropped to Rs 18,000 crore and is likely to drop further.<\/p>\n<p>6. The dues are likely to rise again to atleast Rs 25,000 crore by the summer of 2019.<\/p>\n<p>7. Increase in exports will reduce inventory and enhance cash flow to mills and ultimately to farmers.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sugar production set to hit a record high next season News: According to industry estimates, cane farmers may face about Rs 25,000 crore in payment arrears from sugar mills. Important facts: 2. As per the Indian Sugar Mills Association estimate, the total acreage under sugarcane in the country is estimated to be around 54.35 lakh&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/sugar-production-set-to-hit-a-record-high-next-season\/\">Continue reading <span class=\"screen-reader-text\">Sugar production set to hit a record high next season<\/span><\/a><\/p>\n","protected":false},"author":61,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[555],"tags":[],"class_list":["post-28350","post","type-post","status-publish","format-standard","hentry","category-test-1","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":"","cached_date":1704614589},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/28350","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=28350"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/28350\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=28350"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=28350"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=28350"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}