"The government has also decided to increase the price of ordinary sugarcane variety, to ₹340 (per quintal) up from ₹315 (per quintal).Sep 26, 2021

What is the cost of 1 ton of sugarcane?

The Central government has increased the FRP for 2020-21 to ₹2,850 per tonne with a recovery rate of 10%. But, most of the sugarcane cultivated in Tamil Nadu have a recovery rate of around 9.5%, said Mr. Palanichamy. “Hence, farmers will be able to earn a FRP of only around ₹ 2,707.50 per tonne,” he added.

What is the MSP of sugarcane in UP?

"UP govt has decided to increase MSP for sugarcane from Rs 325/quintal to Rs 350/quintal.

What is sugarcane price?

29/kg to Rs. 31/kg w.e.f. 14.02. 2019. MSP of sugar has been fixed after taking into account the Fair & Remunerative Price (FRP) of sugarcane and minimum conversion cost of the most efficient mills….

What is the current price of sugarcane in India?

The report added that the Fair and Remunerative Price (FRP) increased to Rs 290 per quintal for sugar season 2022.

What is the price of sugarcane in Haryana?

Haryana govt increases sugarcane rate by Rs 12 per quintal for 2021-22. The Haryana government on Thursday decided to increase the sugarcane price by Rs 12 per quintal to Rs 362 per quintal, higher than neighbouring Punjab's Rs 360, for the 2021-22 crushing season.

What is minimum selling price?

Minimum Support Price The MSP is the rate at which the government buys grains from farmers. Reason behind the idea of MSP is to counter price volatility of agricultural commodities due to the factors like variation in their supply, lack of market integration and information asymmetry.

What is fair and remunerative price?

Fair and Remunerative Price or FRP is the price required to be paid by sugar mills and factories to sugarcane farmers. It was introduced in 2009 and replaced the concept of Statutory Minimum Price (SMP). Under the FRP system, the price paid to farmers for sugarcane is not linked to the profits generated by sugar mills.