Business Standard

Tuesday, December 24, 2024 | 06:52 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Adityanath govt hikes sugarcane price by Rs 10 per quintal

Against cane price of Rs 305 per quintal for common variety, the SAP effective for the 2017-18 season now stands at Rs 315 per quintal

sugar, sugarcane
Premium

A farmer works in his sugarcane field

Virendra Singh Rawat Lucknow
To keep the sugarcane farmers in good humour in run up to the Uttar Pradesh urban local bodies elections next month, the Yogi Adityanath government has hiked the state sugarcane price by Rs 10 per quintal for the ongoing 2017-18 crushing season.

With this hike, projected improved sugar recovery and higher cane acreage this season, the state government has estimated UP sugar output to touch 11 million tonnes (MT) and total farmers payables at almost Rs 30,000 crore.

The hike decision was taken last night and interestingly the model code of conduct came into force this evening after the state election commission

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in