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The sugar mills in Tamil Nadu have approached to the central government to announce a three year moratorium for the Sugar Development Fund (SDF) and soft loans given in the past, with a timeframe of seven years to repay the loans after the moratorium period, as the industry in the State is facing a decrease in processing in the last several years. The State has been undergoing various challenges and the capacity utilisation of sugar mills in the State has come down from 84 per cent in 2011-12 to 21.66 per cent in 2017-18, says the South Indian Sugar Mills Association (Tamil Nadu).While the centre has been taking various initiatives to stabilise the sugar prices at the national level, improving the sugar prices, Tamil Nadu sugar mills have been facing an additional challenge in the form of low cane availability due to vagaries of monsoon resulting in much higher cost of production, they said. The industry in the State may need additional support, considering the crisis it is ...

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