The government has decided to increase the Fair and Remunerative Price (FRP) for sugarcane growers by Rs 25 to Rs 340 per quintal for the 2024-25 season, marking the highest increase since 2014. This decision, taken at a meeting of the Cabinet Committee on Economic Affairs (CCEA), is aimed at benefiting over 5 crore sugarcane farmers and ensuring their prosperity. The new FRP, which will be effective from October 1, 2024, is 107% higher than the cost of production. This move reaffirms the government s commitment to doubling farmers income and comes ahead of the general elections.
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Kotak Mahindra Bank appoints agricultural economist Ashok Gulati as additional director
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Last Updated: Mar 05, 2021, 07:26 PM IST
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Gulati is an MA and PhD from Delhi School of Economics and is currently the Infosys Chair Professor for Agriculture at the Indian Council for Research on International Economic Relations (ICRIER), the statement said.
Gulati, a keen backer of the recent farm laws, has also been appointed by the Supreme Court to a four-member panel
Private sector lender
Kotak Mahindra Bank on Friday appointed agricultural economist Ashok Gulati as additional independent director on its board. The term of Gulati, a keen backer of the recent farm laws who has also been appointed by the Supreme Court to a four-member panel, is for five years starting from Saturday, an official statement from the bank said.