New Delhi, May 5 (IANS) The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, on Tuesday approved a 2.81 per cent increase in the “fair and remunerative price” of sugarcane to Rs 365 per quintal for Sugar Season 2026-27 (October-September) for a basic recovery rate of 10.25 per cent. There will be a premium of Rs 3.56 a quintal for each 0.1 per cent increase in recovery over and above 10.25 per cent, and a reduction in price by Rs.3.56 per quintal for each 0.1 per c…
Latest Commission for Agricultural Costs and Prices News & Updates
New Delhi, March 18 (IANS) In a key step towards farmer welfare, the Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, on Wednesday approved minimum support price (MSP) funding of Rs 1,718.56 crore to the Cotton Corporation of India (CCI) for the cotton season 2023–24.The funding aims to provide direct price support to cotton farmers across the country.During the 2023–24 cotton season, the area under cultivation was estimated at 114.47 lakh hectares, with…