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Modi-led CCEA approves sugarcane FRP at Rs 275 per quintal for SS ’19-20
Ashwani Maindola, New Delhi
The Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Narendra Modi has approved the fair and remunerative price of sugarcane payable by sugar mills for 2019-20 sugar season at Rs 275 per quintal of sugarcane. Besides, the CCEA has decided that a premium of Rs 2.75 per quintal will be given for every 0.1 per cent increase above 10 per cent in the recovery.