Sugarcane Fair and Remunerative Price (FRP) hike: How does it affect MSP & farmers?

Sugarcane Fair and Remunerative Price (FRP) hike: How does it affect MSP & farmers?

The story so far: As farmers protest on Delhi borders, the Cabinet Committee on Economic Affairs on Wednesday approved ₹340/quintal as the Fair and Remunerative Price (FRP) of sugarcane for sugar season 2024-25 at 10.25% sugar recovery rate. Affirming its ‘guarantee’ to double farmers’ income, the Centre pointed out that the new FRP was 8% … Read more