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Uttar Pradesh hikes sugarcane purchase price by Rs 25 per quintal

In a major decision barely months ahead of the upcoming 2022 Assembly elections, Uttar Pradesh CM Yogi Adityanath announced a Rs 25 per quintal hike in the purchase prices of sugarcane in the state.

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Press Trust of India Lucknow
1 min read Last Updated : Sep 26 2021 | 5:20 PM IST

In a major decision barely months ahead of the upcoming 2022 Assembly elections, Uttar Pradesh Chief Minister Yogi Adityanath on Sunday announced a Rs 25 per quintal hike in the purchase prices of sugarcane in the state.

Addressing a meeting of farmers here organised by the BJP's Kisan Morcha, Adityanath said, "The government has decided that the variety of sugarcane for which Rs 325 per quintal was paid to farmers, that price has been increased to Rs 350, which will be paid to farmers."

"The government has also decided to increase the price of ordinary sugarcane variety, to Rs 340 (per quintal) up from Rs 315 (per quintal). The government has also decided to the hike the value of the 'anupyukt' (less yielding) variety of sugarcane by Rs 25 per quintal."

Elaborating about the benefits, Adityanath said, "This will enable the sugarcane farmers to increase their income by 8 per cent, and will be a transformation in the lives of 45 lakh farmers."

He also said that 119 sugarmills will be operated, and they will be linked with ethanol.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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Topics :Uttar PradeshSugarcane

First Published: Sep 26 2021 | 5:20 PM IST

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