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FRP PAYMENT
Increase in FRP to moderate profitability of sugar mills from Maharashtra, Karnataka, says ICRAThe central government's nearly 7.7% increase in the fair and remunerative price (FRP) of sugarcane is anticipated to impact the profitabil...22 Feb, 2024, 09.27 PM IST- Budget 2023: Cooperative sugar mills get income tax relief of Rs 10,000 croresThe co-operative sugar industry of Maharashtra had been fighting a case with the income tax department about the categorisation of the paym...02 Feb, 2023, 02.24 AM IST
- Bullish sentiments in sugar avert agitation over cane price in MaharashtraSugar millers and the state government, which has several sugar barons from the Congress and the NCP as ministers, had proposed legal amend...09 Nov, 2021, 09.49 AM IST
- Worsening economics of sugar industry worries mills, administration in MaharashtraSluggish domestic demand, subdued prices, no exports and an increase in price of sugarcane without commensurate rise in the sugar price hav...14 Dec, 2020, 06.39 PM IST
- Maharashtra gives in principal approval to sugar mills facing liquidity crunch to pay farmers by giving sugarThe state has crushed 497 lakh tonnes of sugarcane and produced 52 lakh tonnes of sugar till date with a sugar recovery of 10.63%.16 Jan, 2019, 10.29 AM IST
- Mills get nod to give farmers sugar as part-paymentIf implemented, this move could create a big decentralised stock holding with farmers.15 Jan, 2019, 08.19 AM IST
- Maharashtra sugar industry demands Rs 500-crore packageDeclining domestic sugar prices coupled with slower pace of exports are likely to increase the arrears and add to the simmering farm distre...17 Dec, 2018, 10.17 AM IST
- Sugar millers ask govt to allow spit payment of FRPThey argued that sugar factories won’t be able to pay FRP in one go “due to both the release mechanism and delay in receipt of subsidy on e...07 Sep, 2018, 03.32 PM IST
- Notices to 136 sugar mills in Maharashtra over Rs 2,000 crore dues to farmersMill owners say the sugar prices in the open markets have dipped considerably this year leaving them saddled with huge stocks due to which ...26 Feb, 2018, 10.56 AM IST
- Crushing hit as sugarcane farmers launch protest over wage delayMaharashtra sugarcane farmers, who haven’t been paid even two months after the start of crushing, have launched protests to press for their...17 Dec, 2015, 04.49 AM IST
- Marathwada mills declared Rs 1500/tonne as the first installment of cane paymentSugar mills from Marathwada region of Maharashtra have declared to pay Rs 1500/tonne as the first installment of cane payment to the sugarc...04 Dec, 2015, 06.48 PM IST
- Staggered payment on the cards for Maharashtra's cane farmersThe state government refrained from making any assurance to the farmers' organisations in the state, which have unanimously demanded a one-...20 Nov, 2015, 11.07 AM IST
- Food Ministry proposes cane production-linked subsidy to farmersThe ministry has circulated a cabinet note in this regard for inter-ministerial comments. It has proposed that the balance cane price of Rs...28 Oct, 2015, 04.03 PM IST
- Oil marketing companies to procure Rs 97-crore litre ethanolThe industry is also expecting that the Union government may come out with the decision about extending export incentives any time.30 Dec, 2014, 10.43 AM IST
- Central government approves interest free soft loans for sugarcane industryFalling sugar prices have made it tougher for the sugar mills to make cane payments. Hence, the centre has approved interest free soft loan...13 Feb, 2014, 04.00 AM IST
- States told to bridge cane FRP, SMP gapThe fair and remunerative price (FRP) fixed for the 2009-10 sugar year by the government replacing the earlier statutory minimum price (SMP...07 Nov, 2009, 02.26 AM IST
- Sugar FRP to function as a floor price for sugarcaneThe fair and remunerative price (FRP) fixed for the 2009-10 sugar year by the government replacing the earlier Statutory Minimum Price (SMP...06 Nov, 2009, 09.38 PM IST
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