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Satara: Sugar Factories Face the Challenge of Paying FRP, Factories Are in Financial Difficulty as MSP Remains Stable - ChiniMandi
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Satara: Sugar factories have been in financial trouble due to the continuous increase in FRP and the stable Minimum Support Price (MSP) in the last few years. The FRP of sugarcane for the upcoming season has gone up to Rs 3550. However, the central government has kept the sugar support price constant at Rs 3100 for the last six years since 2019. Due to the debt burden on the factories, salaries of workers, remaining sugar and other expenses, sug…
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