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Haryana to give country's highest ever price of sugarcane

This would benefit the farmers to the tune of an additional income of Rs 450 crore to Rs 500 crore during the year 2013-14.

, ET Bureau|
Updated: Sep 26, 2013, 07.00 PM IST
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This would benefit the farmers to the tune of an additional income of Rs 450 crore to Rs 500 crore during the year 2013-14.
This would benefit the farmers to the tune of an additional income of Rs 450 crore to Rs 500 crore during the year 2013-14.
NEW DELHI: Haryana chief minister, Bhupinder Singh Hooda on Thursday announced to give country's highest ever price of sugarcane to the farmers of the state. This would benefit the farmers to the tune of an additional income of Rs 450 crore to Rs 500 crore during the year 2013-14.

The chief minister, announced to give a price of Rs 301 per quintal for the early variety of sugarcane, Rs 295 per quintal for mid variety and Rs 290 per quintal for late variety.

Sugarcane is cultivated on over 3 lakh acres of area in Haryana. The rate of recovery of sugar has increased from 9.05 % in 2012-13 to 9.76%.

Mr Hooda said that while considering the demands of the representatives of the farming community, he had decided to further increase the price of sugarcane as decided by the Haryana state sugar control board thus increasing the price of mid variety from Rs 291 to Rs 295 per quintal and that of late variety from Rs 286 to Rs 290 per quintal.

With this hike for the year 2013-14, the rate of early variety of sugarcane has been increased by Rs 25 per quintal as compared to that of 2012-13. Similarly, the rates of mid and late varieties have been increased by Rs 24 per quintal as compared to the year 2012-13.

Hooda said that during the last eight years of his eight years tenure, the price of early variety of sugarcane has been increased by Rs 184 per quintal whereas the INLD government had increased it by merely Rs 22 per quintal during its rule from July 1999 to February 2005.

When the Congress assumed office in 2005, at that time the rate of sugarcane was Rs 117 per quintal, but now it had been increased to Rs 301 per quintal, thus making an increase of 157 % said Hooda.

Farmers have been paid on time for the sugarcane purchased from them and for the last crushing season, no arrears are pending neither of cooperative nor of private sugarmills. He said that in case of Uttar Pradesh, arrears of sugarcane amounting to Rs 2500 crore are yet to be paid.

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