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Legal Central Ministry of Consumer Affairs, Food and Public Distribution Essential Commodities Act, 1955

Ministry of Consumer Affairs, Food & Public Distribution has issued a Notice regarding fixation of Fair and Remunerative Price (FRP) for Sugar Season 2024-25

27-Feb-2024 | No. 3(1)/2023-SP-1

Ministry of Consumer Affairs, Food & Public Distribution has issued a Notice regarding fixation of Fair and Remunerative Price (FRP) for Sugarcane payable sugar factories for Sugar Season 2024-25.

Determination of the Fair and Remunerative Price of sugarcane payable by sugar factories for Sugar Season 2024-25 as under:

i. Fair and Remunerative Price (FRP) of sugarcane for sugar season 2024-25 has been fixed at Rs.340 per quintal for a basic sugar recovery rate of 10.25%
ii. A premium of Rs.3.32 per quintal is to be given for every 0.1 percentage point increase above 10.25% in the sugar recovery
iii. Reduction in FRP is to be made proportionately by Rs.3.32 per quintal for every 0.1 percentage point decrease in recovery, in respect of those factories whose recovery is below 10.25% but above 9.5%.
iv. However, sugar factories with a recovery rate of 9.5% or less, the FRP is fixed at Rs.315.10 per quintal.

Please refer to the attached document for more details.

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