“Pre-Diwali Delight: Government Raises Sugarcane Prices – What It Means for Farmers
In a heartening move aimed at benefiting farmers, the government of Haryana has announced an increase in sugarcane prices just before Diwali. This decision by the Haryana government promises to have a direct and positive impact on the lives of the state’s farmers. The government has raised sugarcane prices by INR 14 per quintal, a ... Read more
In a heartening move aimed at benefiting farmers, the government of Haryana has announced an increase in sugarcane prices just before Diwali. This decision by the Haryana government promises to have a direct and positive impact on the lives of the state’s farmers. The government has raised sugarcane prices by INR 14 per quintal, a move that is expected to alleviate the financial burden on the farming community.
The Price of Sugarcane
On Monday, Haryana’s Chief Minister, Manohar Lal Khattar, announced that the price of sugarcane for the ongoing sugarcane crushing season would be increased from INR 372 to INR 386 per quintal. This announcement was made on social media as well, emphasizing the government’s commitment to farmers. The increment in sugarcane prices has been welcomed with optimism, as it is anticipated to directly benefit the state’s farmers.
New Price Structure
Khatter’s post on ‘X’ read, “For my sugarcane-producing farmer brethren, today I am pleased to announce an increase in the price of sugarcane from INR 372 to INR 386 per quintal in Haryana. This is great news for our farmers as this price will be the highest in the country.” In neighboring Punjab, sugarcane is priced at INR 380 per quintal. Khattar also declared that the price could be further increased to INR 400 per quintal next year. The new price of INR 386 per quintal will be effective from the current sugarcane crushing season.
Possibility of Further Increment Next Year
In a previous announcement in January, Khattar had increased sugarcane prices by INR 10 per quintal, which brought the rate up to INR 372 per quintal. Bhupinder Singh Hooda, a Congress leader, recently claimed that if the Congress comes to power in the state next year, sugarcane prices could be raised up to a minimum of INR 450 per quintal.
This price hike signifies a promising development for Haryana’s farmers, offering them an improved financial outlook for their sugarcane crops. The increase in prices reflects the government’s dedication to supporting the agricultural community, especially in challenging times.
The decision by the Haryana government to raise sugarcane prices just before Diwali is undoubtedly a positive step for the state’s farmers. The increment from INR 372 to INR 386 per quintal demonstrates the government’s commitment to the well-being of the farming community. Furthermore, the possibility of a higher price in the upcoming year adds to the optimism in the agricultural sector
In summary, this increase in sugarcane prices is not only a Diwali gift but also a crucial step in ensuring the prosperity of Haryana’s farming community.