Government Sets Minimum Sugarcane Price at Rs 635 per Quintal
In a recent Cabinet meeting at Singhadurbar, the government has established the minimum purchase price for sugarcane at Rs 635 per quintal. The decision was officially announced by government spokesperson Rekha Sharma.
Under the new regulation, sugarcane mills are mandated to pay Rs 565 per quintal directly to the farmers. Additionally, the government will provide a subsidy of Rs 70 per quintal to support the farmers in the sugarcane industry.
Spokesperson Sharma also disclosed that the meeting included a comprehensive review of the government's progress over the past year. Chief Secretary Dr. Baikuntha Aryal presented insights during the session, emphasizing the need to expedite government activities and enhance decision-making processes, laws, and legislation.
This move is expected to positively impact sugarcane farmers by ensuring a fair and reasonable compensation for their produce, contributing to the overall growth and sustainability of the agricultural sector.