Agriculture

The Maharashtra government has issued a government resolution which is able to enable sugar mills to pay the essential fair and remunerative price (FRP) in 2 tranches.

·        Fair and Remunerative price (FRP): FRP is that the minimum value at that sugarcane is to be purchased by sugar mills from farmers.

·         The Central Government announces fair and Remunerative costs that are determined on the advice of the Commission for Agricultural costs and prices (CACP) and announced by the cupboard Committee on Economic Affairs (CCEA).

·         CCEA is chaired by the Prime Minister of India.

·         The FRP relies on the Rangarajan Committee report on reorganizing the sugarcane business.

·         The payment of FRP across the country is ruled by The Sugarcane control order, 1966 that mandates payment inside 14 days of the date of delivery of the cane.

·        State Government: State advised prices (SAP) The SAP are proclaimed by the Governments of key sugarcane producing states.

·         SAP is usually higher than FRP.

·         Sugarcane: India is that the second largest producer of sugarcane when Brazil.

·         Top Sugarcane manufacturing States: Uttar Pradesh > maharashtra >Tamil Nadu >Karnataka > Andhra Pradesh> province.

·         Ideal Temperature: Between 21-27°C with hot and wet climate.

·         Rainfall: Around 75-100 cm. It is fully grown on all kinds of soils starting from sandy loam to clay loam given these soils should be drained.