Centre’s sugarcane price for 2017-18 hiked 10.9 per cent - News Summed Up

Centre’s sugarcane price for 2017-18 hiked 10.9 per cent


The FRP has relevance in states such as Maharashtra, where average sugar recovery is high at around 11.3 per cent. (File photo) The FRP has relevance in states such as Maharashtra, where average sugar recovery is high at around 11.3 per cent. (File photo)The Narendra Modi government has hiked the Centre’s FRP (fair and remunerative price) for sugarcane payable by mills in the ensuing 2017-18 crushing season to Rs 255 per quintal. The FRP has relevance in states such as Maharashtra, where average sugar recovery is high at around 11.3 per cent. On the other hand, in Uttar Pradesh, the average recovery is only 10.6 per cent.


Source: Indian Express May 24, 2017 20:37 UTC



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