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The Federation of Tamil Nadu and Puducherry State Private Sugarmill Cane Growers’ Associations has urged the Union Government to take steps to make sure fee of dues totalling ₹65 crore owed by 4 non-public sugar mills — two in Cuddalore district and one every in Thanjavur and Nagapattinam districts to farmers.
In a memorandum addressed to Union Finance Minister Nirmala Sitharaman, {K}.S. Venkatesan, secretary of the affiliation, mentioned that the delay in settling dues had left lots of of farmers in Cuddalore, Nagapattinam and Thanjavur districts in misery.
He mentioned that Ambika Sugar Mills at Chittoor and Thiru Arooran Sugar Mills at Thirumandakudi and Kottur have been but to settle dues to cane growers who had provided sugar cane to the mills during the last 4 years.
The National Company Law Tribunal (NCLT) has already initiated insolvency proceedings in opposition to the 4 mills based mostly on petitions filed by banks. This has confirmed the worry of farmers that they may not get the pending dues, he mentioned.
The Association additionally demanded that an modification be made within the Insolvency and Bankruptcy Code (IBC) to vary the standing of cane growers from operational collectors to precedence collectors.
The Tamil Nadu Government has already despatched a proposal in favour of the modification to the Centre.
The Union Government has the accountability to guard the welfare of farmers. Hence, it ought to instantly intervene and guarantee settlement of pending dues to farmers, Mr. Venkatesan added.
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