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Modi-led CCEA approves sugarcane FRP at Rs 275 per quintal for SS ’19-20
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Friday, July 26, 2019
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Ashwani Maindola, New Delhi
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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.
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ISMA releases preliminary sugar production estimates for ’19-20 season
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Thursday, July 4, 2019
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Our Bureau, New Delhi
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According to preliminary estimates released by the Indian Sugar Mills Association (ISMA), India’s sugar output is estimated to decline by 14.4 per cent y-o-y (year-on-year) to 28.2 million tonne during the sugar season (i.e., between October 2019 and September 2020).
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