Business

Historic cane payment ahead of Diwali

October 25, 2024 6:00 pm

Sugarcane farmers will receive an unprecedented increase in payments ahead of Diwali.

Sugar Industry,  Minister in May 2024, farmers had received $21.75 per tonne taking the 2023 crop payment to an unprecedented amount of $101.08 per tonne the highest payment ever recorded.

Singh says while an additional $2.57 per tonne had been scheduled to be paid out before Diwali, the government, recognizing the immense challenges posed by climate change and the need to sustain the sugar industry, has decided to go even further.

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He states that to provide additional relief and motivation, the government will top-up the cane payment by an additional $1.43 per tonne, bringing the final payout to $4 per tonne.

This brings the total cane payment to a historic $105.08 per tonne – an all-time historic high in Fiji’s sugarcane industry.

Singh reaffirms the government’s steadfast commitment to the sugarcane farming community.

He says as per the promises made to ordinary Fijians, the government continues to deliver assistance in key areas to enhance the livelihoods of sugarcane farmers across the nation.

Singh adds that in light of the severe adversities’ that farmers have encountered due to the impacts of climate change, increasing production has been a formidable challenge.

He stresses that the cane payment will not only assist farmers in meeting their daily needs but will also strengthen their efforts to increase production.

Moreover, with Diwali approaching, the Minister says this timely payment will offer our hardworking farmers a much-needed reason to rejoice and celebrate their dedication and resilience.

He states that they remain dedicated to working collaboratively with farmers, industry stakeholders, and relevant organizations to ensure the sustainability and prosperity of Fiji’s sugarcane sector.