The record
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- The Maharashtra Cabinet approved soft loans worth about ₹750 crore for cooperative sugar mills at a weekly meeting chaired by Chief Minister Devendra Fadnavis.
- The loans will help the mills clear pending Fair and Remunerative Price dues of sugarcane farmers for the 2025-26 crushing season and support operations for 2026-27.
- The state government will bear the interest on these loans to make borrowing easier for the sugar mills.
- Fadnavis said Maharashtra has achieved nearly 99.5 per cent payment of FRP to sugarcane farmers, ranking first in the country on FRP clearance.
- The Cabinet also approved the Maharashtra Technical Assistance Cell, a one-year project to evaluate 25 major state policies and 25 key welfare schemes based on recommendations from IIM Mumbai and CRISP.
What to watch next
- Progress of FRP dues clearance for farmers for the 2025-26 and 2026-27 seasons using the soft loans.
- Findings of the one-year Maha-TAC evaluation of 25 policies and 25 welfare schemes.
- Implementation of the approved land and stamp duty decisions, including the Arvi land allotment and the Haregaon land return.
Who said what1
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Devendra Fadnavis
Chief Minister of Maharashtra
1 quote · 1 outlet
“This will enable cooperative sugar mills to start this season and procure sugarcane. This will also benefit farmers”
In the article
…mills overcome difficulties and operate during the current crushing season. Under the scheme, it will be easier for sugar mills to obtain loans and the state government will bear the interest on them, the CM said. “ This will enable cooperative sugar mills to start this season and procure sugarcane. This will also benefit farmers ,” Fadnavis maintained. He informed that Maharashtra had achieved nearly 99.5 per cent payment of Fair and Remunerative Price (FRP) to sugarcane farmers and was now first in the country in terms of FRP clearance. Policy…
Coverage1
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Named India · Maharashtra Sahitya Parishad · Nashik Municipal Corporation · CRISP · Devendra Fadnavis · IIM Mumbai · Maharashtra government
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