New Delhi: The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, on Wednesday accepted a boost in the reasonable and useful cost (FRP) of sugarcane to Rs 355 per quintal for a fundamental healing price of 10.25 percent for the 2025-26 sugar period (October-September) maintaining the rate of interest of farmers in mind, according to a cupboard communique.
The FRP for the sugar period 2025-26 is 4.41 percent greater than the present sugar period 2024-25. It additionally attends to a costs of Rs 3.46 per quintal for each and every 0.1 percent boost in healing over 10.25 percent, and decrease in FRP by Rs 3.46 a quintal for each 0.1 percent decline in healing.
However, the federal government, for safeguard the rate of interest of sugarcane farmers, has actually additionally made a decision that there will certainly not be any type of reduction in instance of sugar mills where healing is listed below 9.5 percent. Such farmers will certainly obtain Rs 329.05 per quintal (qtl) for sugarcane in the occurring sugar period 2025-26, the declaration discussed.
The price of manufacturing (A2+ FL) of sugarcane for the sugar period 2025-26 is Rs 173/qtl. This FRP of Rs 355/qtl at a healing price of 10.25 percent is greater by 105.2 percent over manufacturing price.
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The FRP accepted will apply for acquisition of sugarcane by mills from the farmers in the sugar period 2025-26 beginning with result from October 1, 2025. The sugar field is a vital agro-based field that affects the income of regarding 5 crore sugarcane farmers and their dependents and around 5 lakh employees straight utilized in sugar mills, in addition to those utilized in numerous supplementary tasks consisting of ranch work and transport.
The FRP has actually been figured out on the basis of suggestions of the Commission for Agricultural Costs and Prices (CACP) and after examination with state federal governments and various other stake-holders.
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In the previous sugar period 2023-24, out of walking stick charges payable of Rs 1,11,782 crore, regarding Rs 1,11,703 crore of walking stick charges have actually been paid to farmers, as on April 28 this year, which suggests that 99.92 percent walking stick charges have actually been removed.
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.(* )the present sugar period for 2024-25, out of the walking stick charges payable of
In 97,270 crore, regarding Rs 85,094 crores have actually been paid to farmers, as on Rs 28, which totals up to 87 percent of the walking stick charges being removed.April
