Source: PIB Contents1 What is the news?2 About the decision3 About the Fair and Remunerative Price(FRP):4 About the CCEA:5 About the CACP What is the news? The Cabinet Committee on Economic Affairs has recently approved an increased Fair and Remunerative Price (FRP) of sugarcane for sugar season 2021-22 (October – September). About the decision The… Continue reading Government approves determination of Fair and Remunerative Price of sugarcane payable by Sugar Mills for sugar season 2021-22
Tag: Sugarcane
Govt announces incentive for mills exporting sugar, diverting it to ethanol
Source: PIB Introduction The Government of India is taking proactive measures to boost the export of surplus sugar & diversion of sugar to ethanol. The move is to ensure timely payment of cane dues of sugarcane farmers and to boost the agricultural economy. Measures taken by Government for Sugar Industry: India is the world’s second-largest… Continue reading Govt announces incentive for mills exporting sugar, diverting it to ethanol
Water experts warn of ‘desertification’ of Marathwada
Economists and water experts have warned of “desertification” in the water scarce Marathwada region of Maharashtra. They have further said that the water crisis in the region is a policy induced failure. According to experts, though rainfall in Marathwada is below normal, it is enough to meet the basic drinking water and household needs of… Continue reading Water experts warn of ‘desertification’ of Marathwada
Government hikes minimum selling price of sugar
Government has increased the minimum selling price (MSP) of sugar to support the oversupply hit sugar industry. MSP is the minimum price paid to the farmers for procuring food crops.It is announced by the Government at the beginning of the sowing season. There are two objectives of the Minimum Support Price system (a)To prevent distress… Continue reading Government hikes minimum selling price of sugar
