Good News for Bihar Farmers: Sugarcane Price Hiked by ₹20 Per Quintal – Check New Rates

Key Highlights

• Bihar hikes sugarcane prices by ₹20 per quintal.
• Farmers will now get ₹375 for high-quality sugarcane.
• Total increase of ₹20 in 2024, including a prior ₹10 hike.
• Bihar matches Uttarakhand’s rate, surpassing Uttar Pradesh’s ₹355 price.
• Central FRP set at ₹340 per quintal for 2024–25.

Farmers cultivating sugarcane have received encouraging news from the Bihar government. In a significant move aimed at boosting their income, the state government has announced an increase in the price of sugarcane by ₹20 per quintal. This decision was made under the leadership of Chief Minister Nitish Kumar during the Pragati Yatra in West Champaran.

This hike is expected to benefit sugarcane farmers substantially, promote sugarcane production, and support the sugar industry in Bihar.

Also Read: State Governments Such as Punjab and Bihar Increase Sugarcane Prices: Farmers to Benefit

Sugarcane Prices Raised Twice This Year

Earlier in 2024, the Bihar government had increased sugarcane prices by ₹10 per quintal. Now, with the additional ₹10 increase, the total price hike reaches ₹20 within a single season. The Chief Minister emphasized that this decision was made after listening to the concerns of sugarcane farmers, many of whom had expressed dissatisfaction with the earlier rates.

New Sugarcane Price List for Bihar Farmers (2024–25)

The revised sugarcane prices for different varieties are as follows:

This change has brought a wave of happiness among farmers, who are now set to receive better crop returns.

Also Read: New Sugarcane Variety KO.Lakh.16202: A Boon for Farmers with Bumper Yields

How Bihar Compares with Other States

Here’s a look at sugarcane prices in key sugarcane-producing states:

• Punjab: ₹391 per quintal
• Haryana: ₹386 per quintal
• Bihar: ₹375 per quintal
• Uttarakhand: ₹375 per quintal
• Uttar Pradesh: ₹355 per quintal

Despite the recent increase in prices, farmers in Uttar Pradesh are still receiving the lowest rates among major sugarcane-producing states. Meanwhile, Punjab tops the list with ₹391 per quintal, followed by Haryana at ₹386 per quintal.

Central Government’s Role in Sugarcane Pricing

The Central Government has set the Fair and Remunerative Price (FRP) for sugarcane at ₹340 per quintal for the financial year 2024–25. This FRP is the minimum rate that sugar mills must pay farmers across the country. However, state governments have the authority to set higher prices to further benefit farmers, as seen in Bihar, Punjab, and Haryana.

Benefits for Bihar Farmers

The latest price hike in Bihar will particularly benefit farmers by:

• Increasing their overall income.
• Encouraging higher sugarcane production.
• Strengthening the sugarcane industry in the state.

Farmers in Bihar are optimistic about the government’s proactive measures and hope for continued support to ensure long-term growth and prosperity.

Also Read: Rs 14.13 Crore Paid to Sugarcane Farmers: All You Need to Know

CMV360 Says

This ₹20 per quintal sugarcane price increase demonstrates Bihar’s commitment to supporting its farmers. As prices rise and competition among states heats up, it’s clear that better rates for sugarcane are a step forward in empowering India’s community for agriculture. Farmers can look forward to a brighter future with increased earnings and better prospects.