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Highest ever FRP for sugarcane
August 6 , 2022
737 days
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- The Cabinet Committee on Economic Affairs approved the Fair and Remunerative Price (FRP) of sugarcane.
- 305 rupees per quintal was fixed for sugar season 2022-23.
- The FRP for sugar season 2022-23 is 2.6 per cent higher than current sugar season 2021-22.
- FRP of sugarcane is fixed to ensure a guaranteed price to sugarcane growers
- The Government has increased FRP by more than 34% in past 8 years.
- FRP are determined on the recommendation of the Commission for Agricultural Costs and Prices (CACP) and announced by the Cabinet Committee on Economic Affairs (CCEA).
- The FRP is based on the Rangarajan Committee report on reorganizing the sugarcane industry.
- India has surpassed Brazil in the sugar production in the current sugar season.
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