Lucknow News: Sugarcane Development Dept sets Rs 1,41,846 crore GVO target for 2025-26
Sugarcane Development Dept to fuel Rs 1.41 lakh crore boost for UP's $1 trillion economy goal....
- UP Sugarcane Development Department presents action plan for 2025-26
- Sugar Mill Association aims for 10.50% average recovery target
- To ensure timely sale of 91.54 lakh quintals of sugar
- Increasing the storage capacity of sugar mills to 4 lakh quintals
Lucknow: In its attempt to make a significant contribution to realizing Chief Minister Yogi Adityanath's ambitious goal of making Uttar Pradesh a one trillion-dollar economy, the state's Sugarcane Development Department has set a Gross Value Output (GVO) target of Rs 1,41,846 crore for 2025-26.
The department's action plan for 2025-26 focuses on boosting sugarcane cultivation and allied industries while reducing reliance on government support.
The action plan reflects the department's commitment to increasing GVA contribution from Rs 1,09,461 crore in 2023-24 to Rs 1,03,038 crore from sugarcane and Rs 38,808 crore from jaggery production by 2025-26.
To achieve this, the department has outlined key strategies, including increasing the average sugar recovery rate from 9.56% to 10.50%, ensuring timely sale of 91.54 lakh quintals of sugar in 2025-26 to prevent financial losses from delays, expanding the storage capacity of sugar mills to 4 lakh quintals by streamlining operations, reducing reliance on state assistance, which currently stands at Rs 1,200 crore, and recruiting skilled workers through outsourcing for sugar mills by May 2025.
By implementing these measures, the Sugarcane Development Department aims to play a pivotal role in UP’s economic growth, reinforcing the state’s position as a key player in India’s agricultural and industrial sectors.
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