Govt hikes sugarcane FRP 23.5% for 2013-14
feBureau: New Delhi, Feb 01 2013, 23:39 IST
been revised upward to 24 million tonnes from 23.5 million tonnes.
"Earlier, we had estimated sugar output for 2012-13 at 23.5 million tonnes. Now, this has been revised to 24 million tonnes, whereas ISMA (Indian Sugar Mills Association) estimated 24.2 million tonnes,” the minister said.
This year’s production is expected to be slightly lower than the 26 million tonnes achieved in 2011-12 but sufficient to meet the domestic demand of 22 million tonnes, he added.
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