Connect with:
Saturday / December 21. 2024

logo
mobile-logo
HomePosts Tagged "sugarcane farmers"
AgroPolicy, Finance, India, Sugar industry

The latest FRP of Rs.315/qtl at a recovery rate of 10.25 per cent is higher by 100.6 per cent over production cost.

Keeping in view interest of sugarcane farmers (GannaKisan), the Cabinet Committee on Economic Affairs chaired by the Prime Minister Narendra Modi has approved Fair and Remunerative Price (FRP) of sugarcane for sugar season 2023-24 (October – September) at Rs.315/qtl for a basic recovery rate of 10.25 per cent. It has also been approved to provide a premium of Rs.3.07/qtl for each 0.1 per cent increase in recovery over and above 10.25 per cent, & reduction in FRP by Rs.3.07/qtl for every 0.1 per cent decrease in recovery.

Further, with a view to protect interest of sugarcane farmers, government has also decided that there shall not be any deduction in case of sugar mills where recovery is below 9.5 per cent. Such farmers will get Rs.291.975/qtl for sugarcane in ensuing sugar season 2023-24 in place of Rs.282.125/qtl in current sugar season 2022-23.

The cost of production of sugarcane for the sugar season 2023-24 is Rs.157/qtl. This FRP of Rs.315/qtl at a recovery rate of 10.25 per cent is higher by 100.6 per cent over production cost. The FRP for sugar season 2023-24 is 3.28 per cent higher than current sugar season 2022-23.

          The FRP approved shall be applicable for purchase of sugarcane from the farmers in the sugar season 2023-24 (starting w.e.f. 1st October, 2023) by sugar mills. The sugar sector is an important agro-based sector that impacts the livelihood of about 5 crore sugarcane farmers and their dependents and around 5 lakh workers directly employed in sugar mills, apart from those employed in various ancillary activities including farm labour and transportation.

          The FRP has been determined on the basis of recommendations of Commission for Agricultural Costs and Prices (CACP) and after consultation with State Governments and other stake-holders.

In the current sugar season 2022-23, about 3,353 lakh tons of sugarcane of worth Rs.1,11,366 crore purchased by sugar mills, which is the second highest next to the procurement of paddy crop at Minimum Support Price. The Government through its pro-farmer measures will ensure that sugarcane farmers get their dues in time.

     Growth of ethanol as biofuel sector in last 5 years has amply supported the sugarcane farmers and sugar sector, as diversion of sugarcane/sugar to ethanol has led to better financial positions of sugar mills due to faster payments, reduced working capital requirements and reduced blockage of funds due to less surplus sugar with mills, thereby enabling them to make timely payment of cane dues of farmers. During 2021-22, revenue of about Rs.20,500 crore has been generated by sugar mills/distilleries from sale of ethanol to OMCs which has enabled them to clear cane dues of farmers.

The latest FRP of Rs.315/qtl at a

Agrotech, Company News, Machinery – Post-harvesting, Sugar industry

  The brand will train 300 operators under this program to benefit farmers with an understanding to get optimal outcome for sugarcane farming

Case IH, a brand of CNH Industrial and a global leader in agriculture equipment has announces a new CSR (Corporate Social Responsibility) initiative the “Unnat Kaushal-Sugarcane Harvester Operator Training.” The program has been introduced in collaboration with Krishi Vigyan Kendra (KVK) in Baramati, Maharashtra for sugarcane harvester operators from all over India. The project aims to encourage sustainable sugarcane farming by training sugarcane farmers on the optimal use of harvesting equipment to improve overall efficiency and maximize machine uptime.

The initial batch had 150 farmers from villages of Baramati, Kolhapur, Satara and Sangli District. The five-day training program is set to educate 300 operators between 18 and 35 years of age with minimum education qualification. The program is geared towards providing them with employability skills and bridging the gap for skilled work force in the industry.

Sandeep Gupta, Agriculture India Sales and Development Leader, CNH Industrial said, “At CNH Industrial, we are committed in making a positive impact in the agricultural industry. With the Unnat Kaushal program, we aim to equip the sugarcane harvester operators with the necessary skills and knowledge. This initiative will enable the farmers to operate the equipment efficiently leading to increased productivity, minimized costs, and ultimately, a sustainable farming system. We hope to impact many more farmers in the region through this initiative.”

The program is a part of company’s constant endeavours to educate farmers and operators, especially in the rural regions of India. Last year, as a part of their various CSR initiatives, the company has trained 600 farmers in Haryana and Uttar Pradesh on topics such as financial literacy, farm mechanization, biomass management and State agricultural subsidies.

Case IH has been a global pioneer in mechanical sugarcane harvesting for nearly 80 years. The Austoft 4010 Maxx, available in India, is engineered for better cutting quality and improved productivity, with its lightweight and compact design providing sugarcane producers with more flexibility to harvest under various field conditions.

  The brand will train 300 operators

AgroPolicy, Sugar industry

To increase income of farmers, Government has increased FRP by more than 34% in past 8 years.

Keeping in view interest of sugarcane farmers (Ganna Kisan), the Cabinet Committee on Economic Affairs chaired by Hon’ble Prime Minister Narendra Modi has approved Fair and Remunerative Price (FRP) of sugarcane for sugar season 2022-23 (October – September) at Rs. 305/qtl for a basic recovery rate of 10.25 per cent, providing a premium of Rs 3.05/qtl for each 0.1 per cent increase in recovery over and above 10.25 per cent, & reduction in FRP by Rs. 3.05/qtl for every 0.1% decrease in recovery. However, the Government with a view to protect interest of sugarcane farmers has also decided that there shall not be any deduction in case of sugar mills where recovery is below 9.5 per cent. Such farmers will get Rs 282.125/qtl for sugarcane in ensuing sugar season 2022-23 in place of Rs. 275.50/qtl in current sugar season 2021-22. FRP of sugarcane is fixed to ensure a guaranteed price to sugarcane growers. Government has increased FRP by more than 34% in past 8 years.

The A2 + FL cost of production of sugarcane (i.e actual paid out cost plus imputed value of family labour) for the sugar season 2022-23 is Rs 162/qtl. This FRP of Rs. 305/qtl at a recovery rate of 10.25 per cent is higher by 88.3 per cent over cost of production, thereby ensuring the promise of giving the farmers a return of more than 50 per cent over their cost. The FRP for sugar season 2022-23 is 2.6 per cent higher than current sugar season 2021-22.

Decision will benefit 5 crore sugarcane farmers (Ganna Kisan) and their dependents, as well as 5 lakh workers employed in the sugar mills and related ancillary activities. 9 years back, FRP was only Rs 210/ qtl in sugar season 2013-14 & only about 2397 LMT of sugarcane was purchased by sugar mills. Farmers were getting only about Rs. 51,000 cr from sale of sugarcane to sugar mills. However, in past 8 years Government has increased FRP by more than 34 per cent. In the current sugar season 2021-22, about 3,530 lakh tons of sugarcane of worth Rs. 1,15,196 crores was purchased by sugar mills, which is at all-time high.

To increase income of farmers, Government has