Government likely to increase sugarcane FRP: Media Report

The government is likely to announce a increase in the sugarcane procurement price (FRP) to ₹340/quintal from the existing ₹315/quintal, aiming to provide relief to sugarcane farmers ahead of the upcoming elections, reported CNBC-Awaaz. The adjustment in procurement price will specifically apply to crops with a recovery rate of 10.25. The Cabinet Committee on Economic … Continue reading Government likely to increase sugarcane FRP: Media Report