ANNOUNCED AS TEMPORARYNo
On 2 May 2018, the Indian Cabinet Committee of Economic Affairs (CCEA) announced a production subsidy of INR 5.50 (USD 0.08) per quintal (100 kgs.) of sugarcane crushed in sugar mills in the 2017-18 season. The amount of the subsidy will be paid directly to the farmers on behalf of the mills. The mills are required to pay a minimum Fair Remunerative Price (FRP) to the sugarcane farmers and this price will be adjusted against this price payable to the farmers.
This assistance will be provided to the mills based on certain eligibility conditions.
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