New FRP rule will gain sugarcane farmers: WISMA

New FRP rule will gain sugarcane farmers: WISMA

by admin- Thursday, February 24th, 2022 08:05:12 AM

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Says no correlation among final 12 months’s restoration price and this yr’s FRP
The West Indian Sugar Mills Association (WISMA) has said the new honest and remunerative rate (FRP) announced by the Maharashtra authorities on Monday will gain farmers, who will get the price as according to the restoration price of the present day crushing season.

In a assertion, WISMA president BB Thombare stated: “As of now, the FRP turned into determined considering the final season’s restoration price, cane slicing and transportation expenses. This was wrong practice as farmers need to get the FRP for the continued season based on the present day restoration charge.”

Thombare stated there is no correlation among last year’s restoration rate and the modern-day yr’s FRP. “Now, once the sugarcane comes to the factory for crushing, farmers gets basic FRP within 14 days. This could be primarily based on the healing fee fixed through the government. After the sugar season ends, farmers will get the premium based at the very last recovery rate,” he said.

Thombare claimed that the State authorities has now not cut up the FRP and also there’s no reduction within the FRP rate.

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