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Maharashtra approved ~₹750 crore soft-loan support for cooperative sugar mills

Mumbai, Maharashtra15 Sept 2026

The Maharashtra Cabinet approved soft loans involving around ₹750 crore for cooperative sugar mills to clear pending Fair and Remunerative Price (FRP) dues for the 2025–26 crushing season and to support mill operations for 2026–27. Under the scheme, the state government will bear the interest on these loans, according to the Chief Minister’s Office and statements to reporters.

Why it matters

The interest-supported loans are intended to help cooperative mills finance cane procurement and clear farmer payment dues, supporting continuity of the crushing season.

Government of Maharashtra