The Tamil Nadu Govt led by J Jayalalithaa has fixed the State Advised Price (SAP) of sugarcane for
the 2015-16 season at Rs. 2,850 per tonne. With the sugar industry in
turmoil, both the farmers as well as the mills are highly disappointed.
After
a high-level meeting at the Secretariat on Monday January 11,2016, Chief Minister
Jayalalithaa announced that the State has fixed the SAP at Rs. 2,850 a
tonne, which is Rs. 550 a tonne more than the statutory Fair and
Remunerative Price (FRP) of Rs. 2,300 set by the Central government.
The SAP includes Rs. 100 per tonne as cost for transporting sugar.
For the last two years, the State had fixed the SAP at Rs. 2,650 per tonne.
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