Briefing the media on Cabinet decisions here today, Goyal said, "The Union Cabinet has decided that the Fair and Remunerative Price (FRP) which is paid on sugarcane will be increased to Rs 290 per quintal which will be based on a 10 per cent recovery. When the recovery increases beyond 10 per cent, then on every point 1 per cent rise, additional Rs 2.90 is paid per quintal. Even if a farmer has less than 9.5 per cent recovery, their Fair and Remunerative Price (FRP) will be Rs 275 per quintal."
Briefing the media on Cabinet decisions here today, Goyal said, "The Union Cabinet has decided that the Fair and Remunerative Price (FRP) which is paid on sugarcane will be increased to Rs 290 per quintal which will be based on a 10 per cent recovery. When the recovery increases beyond 10 per cent, then on every point 1 per cent rise, additional Rs 2.90 is paid per quintal. Even if a farmer has less than 9.5 per cent recovery, their Fair and Remunerative Price (FRP) will be Rs 275 per quintal."