Modi Cabinet Approves Hike In Sugarcane Procurement Prices Amid Farmers Protest

The price of sugarcane has been increased by 8 per cent for the 2024-25 financial year and will come into effect from October, the government has said. The hike came amid a huge tussle between the government and farmers over minimum support price. The price of cane will now go up from Rs 315 to Rs 340 a quintal.

Announcing the hike, Union minister Anurag Thakur declared that the government is pro-farmer. "Our government is working for the betterment of farmers and agriculture," he said.

"It has been decided to fix the price for the upcoming sugarcane season, in the period from October 1, 2024, to September 30, 2025, to ensure the fair and reasonable price of sugarcane to the farmers by the sugar mills," he said.