Highlights

  • UP aims to increase sugar sector GVO to Rs 1.62 lakh crore
  • Sugarcane production target set to rise by 7% by 2027
  • Rs 2.80 lakh crore disbursed to sugarcane farmers

Latest news

Devotees take holy dip in Haridwar on Buddha Purnima

Devotees take holy dip in Haridwar on Buddha Purnima

US-China tariff deal brings mixed impact for India

US-China tariff deal brings mixed impact for India

Man held in Bareilly for pro-Pakistan video post

Man held in Bareilly for pro-Pakistan video post

Kohli’s test exit secures Tendulkar’s century record

Kohli’s test exit secures Tendulkar’s century record

Guwahati is set to become a hospitality hub with 11 new five-star hotels

Guwahati is set to become a hospitality hub with 11 new five-star hotels

Delhi Police hold mock drills for emergency readiness

Delhi Police hold mock drills for emergency readiness

Border regions revive slowly as war tensions ease

Border regions revive slowly as war tensions ease

IAF denies any strike on Kirana Hills

IAF denies any strike on Kirana Hills

Uttar Pradesh targets sugar sector boost to fuel trillion-dollar economy goal

Uttar Pradesh plans to raise sugar sector output to over Rs 1.62 lakh crore by 2027, aiming to support its one-trillion-dollar economy vision while boosting farmer incomes and production.

Uttar Pradesh targets sugar sector boost to fuel trillion-dollar economy goal

Uttar Pradesh’s sugar industry is set to play a key role in fulfilling Chief Minister Yogi Adityanath’s vision of transforming the state into a one-trillion-dollar economy.

The state government has set an ambitious target to boost the Gross Value Output (GVO) of the sugar sector from Rs 1.32 lakh crore to over Rs 1.62 lakh crore within the next three years. This growth is in line with the state's ongoing efforts to revitalize its agricultural and industrial sectors.

According to officials from the sugar industry and sugarcane development department, the GVO has seen steady growth over recent years, climbing from Rs 1,24,198 crore in FY 2023–24 to Rs 1,32,024 crore in FY 2024–25. As part of its strategic plan, the department aims to increase sugarcane production by 7% and jaggery production by 10% by the year 2027–28.

To achieve these goals, a comprehensive action plan has been outlined for the current financial year. Key initiatives include improving the sugar recovery rate from 9.56% to 10.50%, ensuring the timely sale of 91.54 lakh quintals, and expanding the sector’s storage capacity. These measures are designed to enhance productivity and ensure that Uttar Pradesh remains a leader in the sugar industry.

The Yogi government has also focused on improving the livelihoods of sugarcane farmers in the state. Over the years, the government has reached out to 65 lakh registered farmers, with 46.5 lakh receiving direct benefits.

In a recent move, the government disbursed Rs 2.80 lakh crore in sugarcane dues, a step expected to significantly improve the financial stability of these farmers and bolster the overall agricultural economy.

ADVERTISEMENT

Up Next

Uttar Pradesh targets sugar sector boost to fuel trillion-dollar economy goal

Uttar Pradesh targets sugar sector boost to fuel trillion-dollar economy goal

Ask Pakistanis about strength of BrahMos missile: UP CM Yogi Adityanath

Ask Pakistanis about strength of BrahMos missile: UP CM Yogi Adityanath

Complete development projects within deadline, UP CM Adityanath tells officials

Complete development projects within deadline, UP CM Adityanath tells officials

World Bank president Ajay Banga holds talks with UP CM Yogi Adityanath in Lucknow

World Bank president Ajay Banga holds talks with UP CM Yogi Adityanath in Lucknow

UP sets new wheat procurement record under CM Yogi government

UP sets new wheat procurement record under CM Yogi government

UP government strengthens Ayodhya's traffic system

UP government strengthens Ayodhya's traffic system

ADVERTISEMENT

editorji-whatsApp

More videos

Pakistan's shameless support for terrorists shows it's now fighting for its existence: Yogi Adityanath

Pakistan's shameless support for terrorists shows it's now fighting for its existence: Yogi Adityanath

Yogi Adityanath distributes appointment letters to 550 newly recruited teachers in Uttar Pradesh

Yogi Adityanath distributes appointment letters to 550 newly recruited teachers in Uttar Pradesh

Food businesses without registration and licence not allowed in UP

Food businesses without registration and licence not allowed in UP

UP conducts civil defence mock drills; CM Yogi urges people to be vigilant

UP conducts civil defence mock drills; CM Yogi urges people to be vigilant

UP erupts in celebration as India strikes terrorists' hideouts with Operation Sindoor

UP erupts in celebration as India strikes terrorists' hideouts with Operation Sindoor

Yogi Adityanath pushes for development in UP's aspiration districts

Yogi Adityanath pushes for development in UP's aspiration districts

Uttar Pradesh government approves new parking policy

Uttar Pradesh government approves new parking policy

Yogi Adityanath hails Operation Sindoor after strikes on terror camps in Pakistan and PoK

Yogi Adityanath hails Operation Sindoor after strikes on terror camps in Pakistan and PoK

UP emphasizes digital modernization of land records, over Rs 46 cr released from Rs 121 cr fund

UP emphasizes digital modernization of land records, over Rs 46 cr released from Rs 121 cr fund

Red Alert declared in UP following 'Operation Sindoor': DGP Prashant Kumar

Red Alert declared in UP following 'Operation Sindoor': DGP Prashant Kumar

Editorji Technologies Pvt. Ltd. © 2022 All Rights Reserved.