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The government on Wednesday decided to increase the Fair and Remunerative Price (FRP) of sugarcane by 4.41 per cent to Rs 355 per quintal for the upcoming 2025-26 season beginning October. A decision in this regard was taken in the meeting of the Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Narendra Modi keeping in the interest of sugarcane farmers. For the current 2024-25 season, the FRP of sugarcane has been fixed at Rs 340 per quintal. FRP is the minimum price mandated by the Government of India that sugar mills are legally obligated to pay sugarcane farmers for their produce. Briefing media after the CCEA meeting, I&B Minister Ashwini Vaishnaw said the FRP of Rs 355 per quintal has been approved for a basic recovery rate of 10.25 per cent. The government has also decided that there will not be any deduction in the case of sugar mills where recovery is below 9.5 per cent. Such farmers will get Rs 329.05 per cent for sugarcane in the ensuing 2025-26 ...
The farm community in western Uttar Pradesh has given a mixed response to the government's decision to increase Fair and Remunerative Price (FRP) of sugarcane to Rs 340 per quintal. The Union Cabinet on Wednesday decided to hike the minimum price that mills have to pay to sugarcane growers by Rs 25 to Rs 340 per quintal for the 2024-25 season starting October. This is the highest FRP for sugarcane announced by Prime Minister Narendra Modi-led government since coming to power in 2014. Dismayed over the decision, Baghpat District President of Bharatiya Kisan Union (Bhanu) Pratap Singh Gurjar said the government has forgotten its own promise. "Prime Minister Narendra Modi had himself promised to give MSP of Rs 450 per quintal to cane during a public rally in Meerut in 2014 elections," he claimed. "We (farmers) are also consumers. The government should also remember this. We also have to buy petrol, diesel, fertilizer, seeds etc. All these things are becoming expensive. MSP on sugarca
The government on Wednesday announced hiking the sugarcane FRP by Rs 25 to Rs 340 per quintal for the 2024-25 season starting October. Fair and Remunerative Price (FRP) is the minimum price that mills have to pay to sugarcane growers. The decision to increase the FRP of sugarcane was taken at the meeting of the Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi. The Rs 25 per quintal hike is the highest by the Modi government and the move comes ahead of the general elections. Sugarcane is grown mainly in Maharashtra, Uttar Pradesh, and Karnataka. "Keeping in view interest of sugarcane farmers (GannaKisan), the Cabinet Committee on Economic Affairs has approved Fair and Remunerative Price (FRP) of sugarcane for sugar season 2024-25 (October - September) at Rs 340 per quintal for a basic recovery rate of 10.25 per cent," I&B Minister Anurag Thakur said at a media briefing. The FRP has been determined on the basis of recommendations of the ...