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The Hindu
The Hindu
National
The Hindu Bureau

T.N. Agriculture Budget 2024 | Special incentive for sugarcane farmers enhanced to ₹215 per MT

MRK Panneerselvam Tamil Nadu

The Tamil Nadu government will allocate ₹250 crore to provide a special incentive of ₹215 per metric tonne (MT), over and above the Fair and Remunerative Price (FRP) announced by the Union government, to farmers who have supplied sugarcane to sugar mills for the 2023-2024 crushing season.

While presenting the Agriculture Budget for 2024-25 in the Assembly, Minister for Agriculture and Farmers’ Welfare M.R.K. Panneerselvam said that the enhanced special incentive would benefit 1.3 lakh sugarcane farmers across the State. The incentive, earlier, was ₹195 per MT over and above the FRP.

Click here to read the full text of Tamil Nadu Agriculture Budget 2024-25

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