Diabytes
Sugarcane price News
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The Modi government at the center has given a big gift to 5 crore farmers. The central government has increased the price of sugarcane. Now the price of sugarcane is Rs 135 per quintal.
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The decision to increase the FRP of sugarcane was taken in the meeting of the Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi.
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The government had recently announced a sharp increase in the minimum support price (MSP) of kharif (summer-sown) crops, including paddy.
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The Cabinet Committee on Economic Affairs (CCEA) on Wednesday approved hike in sugarcane fair price by Rs 25 per quintal for 2017-18.
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The Commission for Agricultural Costs and Prices (CACP) has recommended a marginal increase in the fair and remunerative price (FRP) for sugarcane to Rs 230 per quintal for the 2015-16 season (October-September).
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