Fair and Remunerative Price Current Affairs, GK & News

Cabinet approves highest ever FRP for Sugarcane

Union cabinet has approved the highest ever fair & remunerative price (FRP) for sugarcane farmers on August 25, 2021. Key Points FRP for sugarcane has been increased to Rs 290 per quintal for 2021-22. This price will be based on 10% recovery. If recovery is less than 9.5%, then farmers will be given a FRP ..

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CCEA keeps Fair and Remunerative Price of sugarcane at Rs275/quintal

Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Narendra Modi has approved the proposal for Determination of Fair and Remunerative Price (FRP) of sugarcane payable by sugar mills for 2019-20 sugar season. Key Highlights CCEA kept FRP at Rs 275 per quintal the same as last year (2018-19) for sugarcane sold to mills ..

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CCEA approves determination of FRP payable by Sugar Mills for 2018-19 sugar season

Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Narendra Modi has approved Fair and Remunerative Price (FRP) of sugarcane for sugar season 2018-19 keeping in view the interest of sugarcane farmers. It was approved based on the recommendation of Commission for Agricultural Costs and Prices (CACP). CCEA has hiked Rs. 20 per quintal ..

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Rs. 8500 Crore Bailout Package for Sugar Industry Approved

The Union Cabinet chaired by Prime Minister has approved a Rs. 8500 Crore bailout package for the distressed sugar industry in the country. Background India is world’s second largest sugar producer after Brazil with production of around 20-25 million tonnes of sugar every year. The sugar production was 25.13 million tonnes in 2015-16 sugar season ..

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