MLA K S Puttannaiah has said that with Chief Minister Siddaramaiah agreeing to release Rs 2 crore working capital, the Pandavapura Sahakari Sakkare Kharkane (PSSK) will soon start crushing activities for the year 2017-18.
Puttannaiah told reporters here on Friday that the CM agreed to release the funds after convening a meeting with the elected representatives of the region in Bengaluru on September 7. “He also promised to release Rs 6.77 crore arrears for sugarcane growers in the district. So, there is hope that he would release Rs 3 crore additional funds,” the MLA said.
Puttannaiah said that the Fair Remunerative Price (FRP) has been fixed at Rs 2,550 per tonne of sugarcane and that farmers will be paid an advance of Rs 1,000 per tonne.
The PSSK management should convene a meeting soon and take a decision on beginning the crushing activities, he suggested.
PSSK Chairman K S Nanjundegowda, director P Nagaraju and others were present.
DH News Service