MCAFPD approved Fair and Remunerative Prices of sugarcane payable by sugar factories for sugar season 2024-25 October-September

Feb 22, 2024 | by TeamLease RegTech Legal Research Team

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Industry Specific ComplianceThe Ministry of Consumer Affairs, Food and Public Distribution on February 21, 2024, approved the Fair and Remunerative Price of sugarcane payable by sugar factories for the sugar season 2024-25 October-September.

The following has been stated-

•Fixed FRP of sugarcane at Rs. 340 per quintal for a basic recovery rate of 10.25%

•Provided a premium of Rs. 3.32 per quintal for every 0.1 percentage point increase above 10.25% in the recovery

•Fixed FRP for sugar factories having recovery of 9.5% or less at Rs.315.10 per QTL

Fair and Remunerative Prices of sugarcane payable by sugar factories for the sugar season 2024-25 October-September

[Notification No. 2007875]


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