Sugarcane 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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Centre announces hike in MSP for Kharif Crops

Union Cabinet approved an increase in Minimum Support Price (MSP) of Kharif crops for 2021-22, to increase farmers’ income. Key Points Centre has increased MSP for paddy by Rs It now stands at to Rs 1,940 per quintal for 2021-22 crop. Highest absolute increase in MSP over previous year has been recommended for sesamum, followed by tur ..

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Union Cabinet approves Mechanism for Procurement of Ethanol

On October 29, 2020, the Union Cabinet chaired by PM Modi approved the Mechanism for the public sector oil companies to procure ethanol. Key Highlights Under the new mechanism, the prices of ethanol obtained from sugarcane based raw material has been increased for the forth coming sugar cane season. This is between December 2020 and ..

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‘Sugarcane and Sugar Industry’: Report of Ramesh Chand-headed NITI Aayog panel suggests linking sugarcane prices to sugar rates

The report of the NITI Aayog panel, headed by Ramesh Chand, has recommended linking of sugarcane prices to sugar rates to ensure the financial stability of the industry. Considering the production cost of sugar mills, the panel also suggested a one-time hike in minimum sugar price to Rs. 33 per kg. Key recommendations The report ..

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Kharif Crops Sowing Area Increases Significantly as Compared to Last Year

Kharif Crops are grown in hot and humid rain fed areas. During the first 18 days of the month of June, the country has received surplus rainfall of about 26mm. As compared to last year, rainfall was 82.4 mm in between 1st to 18th June, while this year, the country has registered 108.3mm of rainfall ..

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