The Commission for Agricultural Costs and Prices (CACP) has recommended Rs 20 per quintal hike in the fair and remunerative price of sugarcane at Rs 275 per quintal for next season, a government official said.
The fair and remunerative price (FRP), the minimum price sugar mills have to pay to farmers, has been fixed at Rs 255 per quintal for the 2017-18 season that starts from this month.
"For the next 2018-19 season, the CACP has proposed Rs 275 per quintal FRP for sugarcane factoring (in) cost of production, transportation and crop insurance premium and other expenses," the official told
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
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