The Cabinet Committee on Economic Affairs, approved ₹340/quintal as the Fair and Remunerative Price (FRP) of sugarcane for sugar season 2024-25 at sugar recovery rate of 10.25%.
This is about 8% higher than FRP of sugarcane for the current season 2023-24.
The revised FRP will be applicable from October 1, 2024.
The payment of FRP across the country is governed by the Sugarcane Control Order, 1966.