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Saturday, September 5, 2009
The central government recently agreed to raise the price mills must pay to farmers for sugarcane to Rs 107.76 per 100 kg in the new season from October 2009. This increase in the minimum support price mills will have to pay for sugarcane is from Rs 81.18 per 100 kg in 2008-09. As far as the progress in kharif sowing is concerned, the cropped areas in the country for sugarcane as on 3 July 2009 are 42.50 lakh hectare, which was ~3.79 lakh hectare as on 31]uly 2008.
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