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A committee led by chief secretary Sarvesh Kaushal stated in recommendation to chief minister Parkash Singh Badal on Tuesday that the state government would even pay the `60-crore interest on these loans. The mills will repay the loans in seven years and start paying interest after three years. The cabinet will take a decision on the recommendations on September 10. Phagwara’s Jarnail Singh Wahid, president of an association of private sugar mill owners, said “the recommendations have saved farmers, sugar mills, and also the image of the state government”. Last month, the owners of six private mills in the state had threatened not to operate the units in the sugarcane-crushing season starting from November. Relaxed after the committee’s recommendations, they are reported to have started booking sugarcane for their enterprises.
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