India’s top sugar producer Uttar Pradesh has kept the state-advised price (SAP) of the common variety of sugarcane unchanged at Rs 315 per quintal for the current 2019-20 crushing season.
Sugarcane farming is done by nearly four million farmers in UP, The composite annual sugar economy is estimated at more than Rs 40,000 crore, spanning sugar, power cogeneration, and ethanol.
The SAP for early and unsuitable cane varieties have also been held at Rs 325 and Rs 310 per quintal respectively.
This is the second successive year that the Adityanath government has kept cane prices unchanged. It had hiked the price by Rs