SUGARCANE FARMERS’ DELIGHT!

New Delhi: The government on Wednesday increased the Fair and Remunerative Price (FRP), the minimum price that mills have to pay to sugarcane growers, by Rs 10 to Rs 315 per quintal for the 2023-24 season starting October. The decision to increase the FRP of sugarcane was taken in the meeting of the Cabinet Committee on Economic Affairs, chaired by PM Narendra Modi. The FRP of sugarcane has been fixed at Rs 315 per quintal for the 2023-24 season. “The Cabinet has increased the FRP of sugarcane to Rs 315 per quintal for 2023-24. Last year, FRP of sugarcane was Rs 305 per quintal,” I&B Minister Anurag Thakur told reporters after the cabinet meeting.