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Fair prices for sugar raised to Rs 355 per quintal
The Business Guardian
|May 01, 2025
The Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi has approved Fair and Remunerative Price (FRP) of sugarcane for sugar season 2025-26 (October-September) at Rs 355 per quintal for a basic recovery rate of 10.25 per cent, providing a premium of Rs 3.46 per quintal for each 0.1 per cent increase in recovery over and above 10.25 per cent, and reduction in FRP by Rs 3.46 per quintal for every 0.1 per cent decrease in recovery.
The FRP is the minimum price that sugar mills have to pay to sugarcane farmers. However, the government with a view to protect interest of sugarcane farmers has also decided that there shall not be any deduction in case of sugar mills where recovery is below 9.5 per cent.
Such farmers will get Rs 329.05 per quintal for sugarcane in ensuing sugar season 2025-26.
This story is from the May 01, 2025 edition of The Business Guardian.
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