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Cabinet Approves FRP Of Sugarcane At Rs 275 Per Quintal
Keeping in view the interest of sugarcane farmers, the Cabinet Committee on Economic Affairs chaired by Prime Minister Shri Narendra Modi has approved the Fair and Remunerative Price (FRP) of sugarcane for sugar season 2018-19 at Rs. 275/- per quintal for a basic recovery rate of 10%; providing a premium of Rs. 2.75/qtl for each 0.1 % increase in recovery over and above 10%. The cost of production of sugarcane for the sugar season 2018-19 is Rs. 155 per quintal.
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Sugar prices spurt on brisk demand
Sugar prices rose by up to Rs 40 per quintal at the wholesale market in the national capital today on increased buying by stockists and bulk consumers amid tight supplies from mills.
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Small sugar firms up in lacklustre trade
Small sugar prices firmed up in an otherwise lacklustre Vashi wholesale market here today following sustained demand from stockists and bulk consumers.
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Range-bound trading in sugar
Sugar prices at the Vashi wholesale market remained range-bound with a small rise of ₹5-10 a quintal for S-grade. At mill level, the volume doubled as stockists made fresh bulk commitments anticipating transporters’
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Actual sugarcane FRP hike is Rs 6, not 20: Agri activists
The government's decision on Wednesday to increase the Fair and Remunerative Price (FRP) for sugarcane for 2018-19 (October-September) season by Rs 20 to Rs 275 for a quintal comes with a rider that the new rate will be applicable only when the recovery rate is 10 per cent.
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Govt hikes sugarcane price by Rs 20/quintal to Rs 275/quintal for 2018/19 season
The government today increased the minimum price sugar mills pay to cane growers by Rs 20 per quintal to Rs 275 per quintal for the next marketing year starting October.
A decision in this regard was taken in the meeting of the Cabinet Committee on Economic Affairs (CCEA) headed by Prime Minister Narendra Modi.
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CCEA Approves Sugarcane FRP At Rs 275 Per Quintal
Keeping in view the interest of sugarcane farmers, the Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi has approved the Fair and Remunerative Price (FRP) of sugarcane for sugar season 2018-19 at Rs. 275/- per quintal for a basic recovery rate of 10%; providing a premium of Rs. 2.75/qtl for each 0.1 % increase in recovery over and above 10%. The cost of production of sugarcane for the sugar season 2018-19 is Rs. 155 per quintal.
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Government ups sugarcane FRP to Rs 275
With an eye on the 2019 Lok Sabha elections, the government on Wednesday sweetened its deal for the sugarcane farmers: it approved a Rs 20 per quintal increase in the minimum price that sugar mills will have to pay to farmers for the 2018-19 season starting October.
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Government increases sugarcane FRP to Rs 275
The Cabinet Committee on Economic Affairs (CCEA) on Wednesday approved a Rs 20 per quintal increase in the Fair and Remunerative Price (FRP) for sugarcane to Rs 275 for the 2018-19 season starting October.
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India raises 2018/19 sugar cane floor price by 7.84 percent – minister
NEW DELHI (Reuters) - Indian cabinet has approved raising the price that sugar mills must pay for cane in the next season beginning Oct. 1, to 275 rupees ($4.01) per 100 kg, up from 255 rupees a year earlier, a minister said on Wednesday.
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Sugar prices fall on bloated stocks, low buying
Sugar prices went down by Rs 80 per quintal at the wholesale market in the national capital today mainly dragged by ample stocks and limited offtake by stockists and bulk consumers.
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‘Shahjahanpur farmers yet to get Rs 480 Cr sugarcane dues’
Former Union minister Jitin Prasada here today claimed that payments of nearly Rs 480 crore are yet to be made to sugarcane farmers in Shahjahanpur.
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