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Sugar News - GOI increases fair and remunerative price of sugarcane for the 2022 23 season
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GOI increases fair and remunerative price of sugarcane for the 2022-23 season

The Cabinet Committee on Economic Affairs has approved the Fair and Remunerative Price (FRP) of sugarcane for the 2022-23 sugar season at Rs. 305 per quintal for a basic recovery rate of 10.25%, providing a premium of Rs. 3.05/quintal for each 0.1% increase in recovery over and above 10.25%, & reduction in FRP by Rs. 3.05/quintal for every 0.1% decrease in recovery.