Sugarcane| Indian sugar mills owe around Rs 12,000 crore

Indian sugar mills owe around Rs 12,000 crore to farmers, In Uttar Pradesh and Maharashtra. The ‘incentives’ provided by the Centre in 2014-15 include the  interest-free loans worth Rs 6,600 crore, export incentives of Rs 4,000 per tonne of raw sugar, raising import duty to 40 per cent from 25 per cent.