Latest news with #Rs.3.46
Business Standard
30-04-2025
- Business
- Business Standard
Government approves Fair and Remunerative Price of sugarcane for sugar season 2025-26 at Rs.355 per quintal
Cabinet Committee on Economic Affairs has approved Fair and Remunerative Price (FRP) of sugarcane for sugar season 2025-26 (October - September) at Rs.355 per quintal (qtl) for a basic recovery rate of 10.25%, providing a premium of Rs.3.46/qtl for each 0.1% increase in recovery over and above 10.25%, & reduction in FRP by Rs.3.46/qtl for every 0.1% decrease in recovery. However, the Government with a view to protect interest of sugarcane farmers has also decided that there shall not be any deduction in case of sugar mills where recovery is below 9.5%. Such farmers will get Rs.329.05/qtl for sugarcane in ensuing sugar season 2025-26. The cost of production (A2 +FL) of sugarcane for the sugar season 2025-26 is Rs.173/qtl. This FRP of Rs.355/qtl at a recovery rate of 10.25% is higher by 105.2% over production cost. The FRP for sugar season 2025-26 is 4.41% higher than current sugar season 2024-25. The FRP approved shall be applicable for purchase of sugarcane from the farmers in the sugar season 2025-26 (starting w.e.f. 1st October, 2025) by sugar mills.
Indian Express
30-04-2025
- Business
- Indian Express
Caste survey to be part of upcoming population census: Ashwini Vaishnaw
The Cabinet Committee on Economic Affairs (CCEA) has approved caste census in the upcoming population census, Union Minister Ashwini Vaishnaw said. The Cabinet panel also approved the proposal for Development, Maintenance and Management of four-lane Greenfield Access Controlled 166.80 km of National Highway No. 06 from Mawlyngkhung (near Shillong) in Meghalaya to Panchgram (near Silchar) in Assam on Hybrid Annuity Mode as an access controlled greenfield High-Speed Corridor at a total capital cost of Rs.22,864 Crore. The project length of 166.80 km lies in Meghalaya (144.80 km) and Assam (22.00 km). The CCEA also decided to fix the fair and remunerative price (FRP) of sugarcane for sugar season 2025-26 (October – September) at Rs.355/quintal for a basic recovery rate of 10.25 per cent, providing a premium of Rs.3.46/qtl for each 0.1% increase in recovery over and above 10.25% and reduction in FRP by Rs.3.46/qtl for every 0.1% decrease in recovery.
