Cane arrear reaches Rs 17,134 crore so far in 2019-20 season: Centre

Cane arrear reaches Rs 17,134 crore so far in 2019-20 season: Centre

Cane arrear reaches Rs 17,134 crore so far in 2019-20 season: Centre Under the Sugarcane (Control) Order, 1966, sugar mills are required to make cane price payment to farmers within 14 days of supply of cane. If mills fail to make payment, they have to pay interest at the rate of 15 per cent per annum on amount due for the delayed period beyond 14 days.