Dhaka, Dec. 10 -- The financial stability of eight state-run sugar mills is under threat as the Bangladesh Sugar and Food Industries Corporation (BSFIC) struggles to secure adequate funds to pay sugarcane farmers in the ongoing 2025-26 crushing season.
Despite having a staggering outstanding claim of Tk 80.80 billion against the government for trade gaps and subsidies, the corporation is short of a Tk 3.30 billion required to settle farmers' dues. This massive debt reflects the persistent financial distress plaguing the state-owned sugar mills.
The BSFIC, under the Ministry of Industries, has requested the Ministry of Finance to take steps for approval and release of funds needed for payments, exposing a severe shortfall in meeting its ...
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