The Finance Department has approved ₹50 crore financial aid for resumption of sugarcane crushing operations at Mysore Sugar Factory in Mandya also called as ‘Mysugar’, during the year 2023-24.
In a statement, Dinesh Gooligowda, Congress MLC, said that Chief Minister Siddaramaiah had responded promptly to an appeal made by him and Ravi Ganiga, Mandya MLA, and directed the finance department to approve release of ₹50 crore for resumption of crushing operations at the State-run Mysugar.
The operations at Mysugar had been suspended ever since the sugar factory became sick a couple of years ago. The crushing operations resumed last year and the BJP Government had announced a financial aid of ₹50 crore, but released only ₹32 crore, Mr. Dinesh claimed.