Can someone explain how much FSC is worth?
Year in and year out FSC has only made losses.
I am sure no commercial bank will give FSC any loan without Government's guarantee.
Anyway, why is Government guaranteeing FSC loans when it very well knows that FSC is not in a financial position to pay back.
Why can't Government sell FSC, after all one sugar mill is already closed.
I feel for the farmers but I also believe that desperate times call for desperate measures.
Once I was told a story about chicken and duck farming.
The ducks survived the flooding but the chickens all drowned.
I am sure people will understand what I am saying!Home | Top