Agriculture Ministers back plans to give subsidies to sugar cane growers Updated : April 24, 2018 06:13 AM IST Sugar mills owe Rs 170 billion to farmers because they have struggled due to lower sugar prices and higher government-set rate for cane. Local refined sugar prices have tumbled more than 15% in the past six months, driving down profits at mills, which in turn means lower returns for farmers. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.