Fair and Remunerative Price for Sugarcane 2022-23
The Government of India announced on Wednesday the
Fair and Remunerative Price (FRP) of sugarcane for sugar season 2022-23 (October-September). The FRP of
sugarcane has been fixed at Rs
305/quintal for a basic recovery rate of 10.25%.
The decision of fixing the sugarcane FRP was taken in
the meeting of the Cabinet Committee on
Economic Affairs (CCEA) chaired by Prime
Minister Narendra Modi
Detailing the CCEA decision, an official statement
said that FRP of sugarcane for sugar season 2022-23 (October-September) has
been fixed at Rs 305/quintal for a basic
recovery rate of 10.25%.
Besides,
a premium of Rs 3.05/quintal will be
provided for each 0.1% increase in recovery over and above 10.25%. However,
for every 0.1% decrease in recovery, the
FRP will be reduced by Rs 3.05 per quintal
“However, the government with a view to protect
interest of sugarcane farmers has also decided that there shall not be any
deduction in case of sugar mills where recovery is below 9.5%. Such farmers will get Rs 282.125/qtl for sugarcane in ensuing sugar season 2022-23 in place
of Rs 275.50/qtl in current sugar season 2021-22,”
The FRP for sugar season 2022-23 is 5.1% higher than Rs 290 per quintal
fixed for the sugar season 2021-22. For the sugar season 2021-22, the
government had fixed the FRP at Rs 290 per quintal linked to a basic recovery
of 10% subject to a premium of Rs 2.90 per quintal for each 0.1% increase of
recovery over and above 10% and reduction in FRP at the same rate for each 0.1%
decrease in the recovery rate till 9.5%.
“The A2 + FL cost of production of
sugarcane (i.e actual paid out cost plus imputed value of family labour)
for the sugar season 2022-23 is Rs.
162/qtl. This FRP of Rs 305/qtl at a recovery rate of 10.25% is higher by 88.3% over cost of production, thereby
ensuring the promise of giving the farmers a return of more than 50% over their
cost.”
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