Government likely to announce an increase in sugarcane procurement price during upcoming cabinet meeting

Traditionally, the government determines the FRP around June or later in the year. However, this time, a departure from the norm is expected as the government contemplates advancing this decision. These revised prices are likely to be applicable for the forthcoming sugar season of 2025-26.

For the ongoing sugar season of 2024-25, the government had previously elevated the FRP of sugarcane by ₹10 per quintal. Consequently, the sugarcane purchase price surged from ₹305/quintal to ₹315/quintal.

The FRP stands as the minimum price at which sugarcane must be procured from sugar farmers. This mechanism is governed by the Sugarcane (Control) Order of 1966. The Commission of Agricultural Costs and Prices (CACP) annually formulates recommendations for FRP, encompassing various agricultural commodities including sugarcane. Subsequently, the government evaluates these recommendations before implementation.

The increase in FRP directly translates into a boon for farmers, empowering them with higher prices for their sugarcane yield. This forthcoming decision holds the potential to significantly benefit sugarcane farmers across the nation, offering them a vital lifeline amidst economic uncertainties.