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Cabinet increases FRP for sugarcane to Rs 340/qtl, gives boost to women safety, space sector and National Livestock Mission

By Economic Times - 9 months ago
FRPs for sugarcane are typically fixed to ensure a guaranteed price to sugarcane growers and thus it does not take into account whether sugar mills will generate profit or stay in the red. Analysts opine that higher FRPs generally hurt the margins of the sugar mills.

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