Maharashtra: Cooperative sugar mills plan to pay more to sugarcane farmers

According to the news report published in Business Standard, several sugar mills in the cooperative sector in Maharashtra are planning to pay Rs 20-30 more than the average FRP (Fair and Remunerative Price) for the 2023-24 season.

This development, as per media report, has the potential to result in substantial gains for farmers affiliated with these cooperative sugar mills, a considerable proportion of which are situated in the politically significant state of Maharashtra.

Recebtly, Centre has settled the long-pending issue over taxes on payments of sugarcane prices over and above the fair and remunerative price (FRP) or statutory minimum price (SMP) through a standard operating procedure (SOP).



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