New Delhi: The Cabinet Committee on Economic Affairs, chaired via Prime Minister Narendra Modi, on Wednesday authorized an building up within the truthful and remunerative value (FRP) of sugarcane to Rs 355 according to quintal for a fundamental restoration charge of 10.25 according to cent for the 2025-26 sugar season (October-September) preserving the passion of farmers in thoughts, consistent with a cupboard communication.
The FRP for the sugar season 2025-26 is 4.41 according to cent upper than the present sugar season 2024-25.
It additionally supplies for a top class of Rs 3.46 according to quintal for each and every 0.1 according to cent building up in restoration over and above 10.25 according to cent, and aid in FRP via Rs 3.46 a quintal for each and every 0.1 according to cent lower in restoration.
However, the federal government, with a view to offer protection to the passion of sugarcane farmers, has additionally determined that there is probably not any deduction in case of sugar turbines the place restoration is under 9.5 according to cent. Such farmers gets Rs 329.05 according to quintal (qtl) for sugarcane within the resulting sugar season 2025-26, the commentary defined.
The price of manufacturing (A2+FL) of sugarcane for the sugar season 2025-26 is Rs173/qtl. This FRP of Rs 355/qtl at a restoration charge of 10.25 according to cent is upper via 105.2 according to cent over manufacturing price.
The FRP authorized will be appropriate for acquire of sugarcane via turbines from the farmers within the sugar season 2025-26 beginning with impact from October 1, 2025.
The sugar sector is the most important agro-based sector that affects the livelihood of about 5 crore sugarcane farmers and their dependents and round 5 lakh employees without delay hired in sugar turbines, aside from the ones hired in more than a few ancillary actions together with farm labour and transportation.
The FRP has been decided at the foundation of suggestions of the Commission for Agricultural Costs and Prices (CACP) and after session with state governments and different stake-holders.
In the former sugar season 2023-24, out of cane dues payable of Rs 1,11,782 crore, about Rs 1,11,703 crore of cane dues were paid to farmers, as on April 28 this 12 months, this means that that 99.92 according to cent cane dues were cleared.
In the present sugar season for 2024-25, out of the cane dues payable of Rs 97,270 crore, about Rs 85,094 crores were paid to farmers, as on April 28, which quantities to 87 according to cent of the cane dues being cleared.