Cabinet approves hike in price of sugarcane payable by sugar factories for 2024-25 season
The revised FRP will be applicable with effect from October 1, 2024.
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The revised FRP will be applicable with effect from October 1, 2024.
NEW DELHI: After the Cabinet Committee on Economic Affairs increased the Fair and Remunerative Price (FRP) of sugarcane, Prime Minister Narendra Modi .
Prime Minister Narendra Modi said on Thursday that he is committed to farmers' welfare after the Centre decided to hike the minimum price that mills have to pay to sugarcane growers.
The Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi approved the Fair and Remunerative Price (FRP) of sugarcane for Sugar Season 2024-25 at Rs 340/quintal at sugar recovery rate of 10.25%.