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Punjab govt raises sugarcane price by Rs 17 per quintal

Chandigarh, Nov 21 (UNI) In order to break the wheat-paddy cycle and give a better income to the farmers, the Punjab government has fixed the State Agreed Price (SAP) of sugarcane at Rs 132 per quintal for crushing season 2006-07.

This is an increase of Rs 17 per quintal over last years price, which was Rs 115 per quintal.

This decision was taken at a meeting of the state Sugar Control Board held here today under the Chairmanship of Chief Minister Capt Amarinder Singh.

There are 22 sugar mills in the state with a total crushing capacity of 54,516 tonnes.

UNI HS KR KN1542

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