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Determination of Fair and Remunerative Price payable by sugar mills for 2013-14 sugar season

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....etermination of Fair and Remunerative Price payable by sugar mills for 2013-14 sugar season <br>News and Press Release<br>Dated:- 31-1-2013<br><BR>Press Information Bureau Government of India Cabine....

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....t Committee on Economic Affairs (CCEA) 31-January-2013 16:05 IST The Cabinet Committee on Economic Affairs has approved the fair and remunerative price of sugarcane payable by sugar mills for 2013-1....

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....4 sugar season to be fixed at Rs.210/- per quintal. This price will be linked to a basic recovery rate of 9.5 percent, subject to a premium of Rs.2.21 per quintal for every 0.1 percentage point increa....

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....se in recovery above that level. The 'fair and remunerative price' of Sugarcane is determined under the Sugarcane (Control) Order 1966. This will be uniformly applicable all over the country. The re....

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....vision will be in the interest of sugarcane growers keeping in view the need for a remunerative price and the present situation of the sugar industry. This revision is a continuation of a steady suga....

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....rcane pricing regime with moderate increases, which is not likely to disturb inter-se cropping pattern and ensure adequate availability of sugar as well as other basic foodstuff in coming years. ****....

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.... SC/SM<BR> News - Press release - PIB....