Cabinet has approved the highest ever Fair and Remunerative Price of 290 rupees per quintal for Sugarcane. Commerce and Consumer Affairs and Food and Public Distribution minister Piyush Goyal said this decision will benefit five crore sugarcane farmers and their dependents. While speaking to the media this afternoon, the Minister said this will be immensely beneficial to five lakh workers employed in sugar mills and related ancillary activities.
The Minister said, the Central Government has taken various measures to provide a remunerative prices for sugarcane and early payment to sugarcane farmers. He said, several steps have been taken to boost the export of sugarcane. He said, the Government is also facilitating the production of ethanol production which is benefiting the farmers.