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Volume : I, Issue : VII, August - 2011

Challenges Before Sugar Cooperatives in Maharashtra

Dr.Prakash M. Herekar,Prof Udaykumar R. Shinde

Published By : Laxmi Book Publication

Abstract :

Maharashtra is known as sugar bowl of India. It contributes around 40% of national sugar production. Cooperative sector is dominant in its sugar industry. The state sugar industry has a turnover of Rs.20,000 crores. It has been playing significant role in overall socio-economic development of the state for the past six decades. The industry has achieved spectacular growth owing to the conducive environment in the state. It has become a movement and contributed significantly to the industrial development of the state. The hallmark of the industry is the involvement of large number of small and marginal farmers regardless the size of their holding. But in the recent past this one time champion industry is faced with various grave problems like obsolete technology, short margin, policy hurdles, entry of private players, non availability of sugarcane, financial crisis, corruption and so on. A recent report shows that almost 40% of state sugar mills are sick. Moreover, with the advent of new economic era, cut throat competition, awareness of farmers coupled with their movements and changing global environment are threatening the very survival of the industry at large. Therefore there is an urgent need to take review of these problems and identify remedies thereon for the protection of millions of farmer dependent on the industry. Some remedial steps like de-controlling the industry, reviewing levy system and export policy need to be taken immediately. The proposed article intends to take a brief review of crucial problems faced by the industry and tries to suggest some concrete remedies thereon for the rejuvenation of this crucial industry that forms the backbone of the rural economy of Maharashtra.

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Cite This Article :

Dr.Prakash M. Herekar,Prof Udaykumar R. Shinde, (2011). Challenges Before Sugar Cooperatives in Maharashtra. Indian Streams Research Journal, Vol. I, Issue. VII, http://oldisrj.lbp.world/UploadedData/393.pdf

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