 "Piyush Goyal and Anurag Thakur")
The Centre on Wednesday hiked the minimum price that mills have to pay to sugarcane growers, also known as the Fair and Remunerative Price (FRP), by Rs 5 per quintal to Rs 290 a quintal for 2021-22 (October-September) sugar season while ruling out any immediate commensurate increase in the sale price of sugar.
The decision to increase the FRP of sugarcane for was taken in the meeting of the Cabinet Committee on Economic Affairs (CCEA) held here. The FRP of sugarcane in 2020-21 season was Rs 285 per quintal.
Just like in previous years, the Rs 290 a quintal FRP
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