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The Hindu
The Hindu
National
PTI

Govt. hikes sugarcane FRP by ₹10/quintal to ₹315/quintal for 2023-24 season

Anurag Thakur Narendra Modi CCEA

The Centre on June 28 announced a ₹10 per quintal hike in sugarcane FRP, which is the minimum price that mills have to pay to sugarcane growers, to ₹315 per quintal for the 2023-24 season starting October.

The decision to increase the Fair and Remunerative Price (FRP) of sugarcane was taken at the meeting of the Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi.

The FRP of sugarcane has been fixed at ₹315 per quintal for the 2023-24 season, up 3.28% from current 2022-23 marketing year (October-September).

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