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Shivakumar Seeks Sugar Pricing Deal After Central Floor Fix

By Drooid · · How we work

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Farmers demand 6000
  • Minister D K Shivakumar convened sugarcane farmers and sugar-factory owners in Belagavi, Karnataka, on 27 October 2026 to negotiate pricing.
  • They agreed to set the farmer price only after the central government fixes the sugar minimum selling price, with a decision expected within two days.
  • Farmers are pressing for Rs 6,000 per tonne to offset mounting losses.
  • Factory owners said they struggle to obtain loans from banks and face cooperative borrowing costs.
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Shivakumar Seeks Sugar Pricing Deal After Central Floor Fix | Drooid