Highlighted Points On Fair Sugar Price

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@1 Highest ever FRP at Rs290/- per quintal for a basic recovery rate of 10%.
@2 A premium of Rs 2.90 per quintal for every 0.1%increase above 10% in recovery.
@3 Reduction in FRP by Rs 2.90 per quintal for every 0.1% decrease in recovery.
@4 No deductions in case of sugar mills where recovery below 9.5%
@5 FRP of Rs 290 per quintal at a recovery rate of 10% is higher by 87.1% over production cost.
@6 One lakh crore to be readmitted to sugarcane farmers.

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Source: PIB India

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