{"id":43,"date":"2023-03-06T00:01:00","date_gmt":"2023-03-06T00:01:00","guid":{"rendered":"https:\/\/demo.rivaxstudio.com\/kalisa\/clean\/?p=43"},"modified":"2026-05-05T11:17:20","modified_gmt":"2026-05-05T11:17:20","slug":"chinimandi-com-new-delhi-april-08-2026nfcsf-seek-urgent-relief-to-sugar-sector-as-financial-stress-deepens","status":"publish","type":"post","link":"https:\/\/businessdelhi.com\/nfcsf\/nfcsf-in-media\/chinimandi-com-new-delhi-april-08-2026nfcsf-seek-urgent-relief-to-sugar-sector-as-financial-stress-deepens\/","title":{"rendered":"Chinimandi.com; New Delhi: April 08, 2026:NFCSF Seek Urgent Relief to Sugar Sector as Financial Stress Deepens"},"content":{"rendered":"<p><strong>NFCSF SEEK URGENT RELIEF TO SUGAR SECTOR AS FINANCIAL<\/strong><br \/>\n<strong>STRESS DEEPENS<\/strong><br \/>\nNEW DELHI: INDIA\u2019S cooperative sugar sector has raised concerns over<br \/>\ngrowing financial pressure despite stable sugar availability, urging the Centre<br \/>\nto step in with immediate policy support, Indian Cooperative reported.<br \/>\nThe National Federation of Cooperative Sugar Factories Limited (NFCSF) has<br \/>\ncalled for changes to financial relief measures for cooperative mills, especially<br \/>\nthe One Time Settlement (OTS) scheme under the Sugar Development Fund,<br \/>\nstating that the current framework has had limited success.<br \/>\nA delegation led by NFCSF President Harshvardhan Patil and Managing<br \/>\nDirector Prakash Naiknavare met Ashish Kumar Bhutani in New Delhi to<br \/>\npresent the sector\u2019s concerns.<br \/>\nThe federation said cooperative mills are facing rising sugarcane costs, weak<br \/>\nsugar prices and increasing dues to farmers, which have put pressure on their<br \/>\nfinances. This has affected their ability to repay loans and continue operations<br \/>\nsmoothly.<br \/>\nAccording to NFCSF, the current OTS scheme has seen low participation due<br \/>\nto the high interest burden on outstanding loans. It has suggested revising<br \/>\nthe scheme by waiving at least 50 percent of normal interest along with penal<br \/>\ninterest, saying this would encourage more mills to settle dues and improve<br \/>\nrecovery.<br \/>\nDespite these challenges, the federation said sugar availability in the 2025\u2013<br \/>\n26 season remains stable. Production is estimated at around 281 lakh tonnes<br \/>\nafter diverting 28 lakh tonnes for ethanol. With an opening stock of 50 lakh<br \/>\ntonnes, total availability is expected to reach 331 lakh tonnes.<br \/>\nThis is seen as enough to meet domestic demand of about 280 lakh tonnes<br \/>\nand allow exports of around 10 lakh tonnes. Closing stocks are projected at<br \/>\n41 lakh tonnes, the lowest since 2016\u201317 but still manageable.<br \/>\nHowever, the gap between production costs and market prices continues to<br \/>\nstrain the sector. The average ex-mill sugar price is around \u20b93,850 per quintal,<br \/>\nwhile production costs are estimated at about \u20b94,100 per quintal. This gap of<br \/>\nnearly \u20b9250 per quintal is leading to losses for mills, worsening cash flow<br \/>\nissues and delaying payments to farmers.<br \/>\nThe federation stressed that timely government action is essential to stabilise<br \/>\ncooperative mills and ensure farmers receive their payments without delay. It<br \/>\nalso said it is ready to work with policymakers to secure the long-term stability<br \/>\nof the sector.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NFCSF SEEK URGENT RELIEF TO SUGAR SECTOR AS FINANCIAL STRESS DEEPENS NEW DELHI: INDIA\u2019S cooperative sugar sector has raised concerns over growing financial pressure despite stable sugar availability, urging the Centre to step in with immediate policy support, Indian Cooperative reported. The National Federation of Cooperative Sugar Factories Limited (NFCSF) has called for changes to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1588,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[9,10,11,14,28],"class_list":["post-43","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-nfcsf-in-media","tag-agency","tag-beauty","tag-club","tag-fashion","tag-photoshop"],"_links":{"self":[{"href":"https:\/\/businessdelhi.com\/nfcsf\/wp-json\/wp\/v2\/posts\/43","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businessdelhi.com\/nfcsf\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businessdelhi.com\/nfcsf\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businessdelhi.com\/nfcsf\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/businessdelhi.com\/nfcsf\/wp-json\/wp\/v2\/comments?post=43"}],"version-history":[{"count":3,"href":"https:\/\/businessdelhi.com\/nfcsf\/wp-json\/wp\/v2\/posts\/43\/revisions"}],"predecessor-version":[{"id":1589,"href":"https:\/\/businessdelhi.com\/nfcsf\/wp-json\/wp\/v2\/posts\/43\/revisions\/1589"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businessdelhi.com\/nfcsf\/wp-json\/wp\/v2\/media\/1588"}],"wp:attachment":[{"href":"https:\/\/businessdelhi.com\/nfcsf\/wp-json\/wp\/v2\/media?parent=43"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businessdelhi.com\/nfcsf\/wp-json\/wp\/v2\/categories?post=43"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businessdelhi.com\/nfcsf\/wp-json\/wp\/v2\/tags?post=43"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}