Factors responsible for the performance of Cooperative Sugar Factories in North-Eastern Karnataka

Abstract

In the present investigation, three cooperative sugar factories were considered to measure the factors responsible for the performance of cooperative sugar factories. It was observed that the recovery percentage, remunerative price and correct weighment are the factors required to become a member of sugar factories. Further, the study revealed enough evidence about the financial ratios, which in turn exhibited the economic potentiality of their respective sugar factories. Before fixing the target to improve the cane procurement, the factory needs to plan programs well before the start of season and hence the installed capacity utilisation can be met. Besides, government should come forward to help the farmers to issue the cane bill payment at an early stage by the factories and extending financial assistance, so that it will facilitate for the farmers to purchase of inputs well in advance for sugarcane cultivation.