The government on Wednesday decided to increase the minimum price sugar mills pay cane growers by Rs 20 per quintal to Rs 275 per quintal for the 2018-19 marketing year starting October.
“The price that has been approved by the Cabinet for the 2018-19 season is around 77.42 per cent more than estimated cost of production. It is in line with the Centre’s commitment to giving a fair price to farmers,” Telecom Minister Ravi Shankar Prasad told reporters after the meeting of the Cabinet Committee on Economic Affairs (CCEA).
The fair and remunerative price (FRP) of Rs 275
“The price that has been approved by the Cabinet for the 2018-19 season is around 77.42 per cent more than estimated cost of production. It is in line with the Centre’s commitment to giving a fair price to farmers,” Telecom Minister Ravi Shankar Prasad told reporters after the meeting of the Cabinet Committee on Economic Affairs (CCEA).
The fair and remunerative price (FRP) of Rs 275