Central govt increases FRP for sugarcane growers - Vibes Of India

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Central govt increases FRP for sugarcane growers

| Updated: August 26, 2021 17:53

The central government has once again increased the FRP paid by sugar mills to sugarcane growers this year. The government has increased the FRP (Fair and Remunerative Price) of sugarcane by Rs 5 per quintal to Rs 290 per quintal for the year 2021-22. Last season, the Modi government had increased the FRP by Rs 10 per quintal to Rs 285 per quintal.

After the cabinet meeting, Consumer Affairs, Food and Public Distribution Minister Piyush Goyal said that “FRP has been increased by Rs 5 per quintal to Rs. 290 per quintal. The FRP was increased by Rs 10 per quintal last year.”

He also said that the FRP of sugar will be based on 10 per cent recovery. Wherein the recovery rate is the amount of sugar that sugarcane fetches and higher the quantum of sugar derived from sugarcane, greater the price it fetched in the market.

This decision by the central government will make India the only country in the world to give 90-91 percent of the price of sugar to the farmers. Whereas, sugarcane farmers in other countries of the world get around 70-75% of the price.

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