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Fair and Remunerative Price For Sugarcane |

Fair and Remunerative Price For Sugarcane

Context:

∙ Recently, the Union government increased the Fair and Remunerative Price (FRP) of sugarcane.

∙ The Cabinet Committee on Economic Affairs (CCEA) approved 340/quintal as the Fair and Remunerative Price (FRP) of sugarcane for sugar season 2024-25 at a sugar recovery rate of 10.25%.

About Sugarcane– It is a tall, perennial grass used to make sugar, ethanol and paper.– Crop Conditions:A. Temperature: Between 21-27°C with hot and humid climate.B. Rainfall: Around 75-100 cm.C. Soil Type: Deep rich loamy soil.1. It can be grown on all varieties of soils ranging from sandy loam to clay loam given these soils should be well drained.– Top Sugarcane Producing States: Uttar Pradesh, Maharashtra, Karnataka, Tamil Nadu, Bihar.
Do you know?– The concept of Statutory Minimum Price (SMP) of sugarcane was replaced with the FRP of sugarcane for 2009-10 and subsequent sugar seasons with the amendment of the Sugarcane (Control) Order, 1966 in 2009.A. Fair and remunerative price (FRP) is the minimum price at which sugarcane is to be purchased by sugar mills from farmers.B. The FRP is fixed by the Union government (Cabinet Committee on Economic Affairs (CCEA)) on the basis of recommendations of the Commission for Agricultural Costs and Prices (CACP).
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