date:Feb 01, 2013
This price will be linked to a basic recovery rate of 9.5 per cent, subject to a premium of Rs 2.21 per quintal for every 0.1 percentage point increase in recovery above that level.
The fair and remunerative price of sugarcane is determined under the Sugarcane (Control) Order 1966. This will be uniformly applicable all over the country.
The revision will be in the interest of sugarcane growers keeping in view the need for a remunerative price and the present situation of the sugar industry.