New Delhi: The government raised the minimum price payable to sugarcane farmers to ₹365 per quintal for the 2026-27 season from ₹355 the year ago at a basic recovery rate of 10.25%, the government said in a statement.Farmers will receive a premium of ₹3.56 per quintal for every 0.1% increase in recovery above this level, with a corresponding reduction for lower recovery.
The government has decided that no deduction will be made for mills where recovery is below 9.5% with such farmers to be paid ₹338.3 per quintal, it said, adding that this is 100.5% higher than the estimated cost of production of ₹182 per quintal and is 2.81% higher than the ongoing 2025-26 season.
The government has decided that no deduction will be made for mills where recovery is below 9.5% with such farmers to be paid ₹338.3 per quintal, it said, adding that this is 100.5% higher than the estimated cost of production of ₹182 per quintal and is 2.81% higher than the ongoing 2025-26 season.
Also Read:Govt approves Rs 23,437 crore railway expansion across 6 states
The decision is expected to benefit about 5 crore sugarcane farmers and around 5 lakh workers in sugar mills and related sectors.
Mission for Cotton Productivity
The Cabinet also approved a ₹5,659.22 crore outlay for the Mission for Cotton Productivity for the period 2026-27 to 2030-31, the government said in a statement. The corpus will be utilised to address productivity and quality challenges in the cotton sector. The mission will be implemented by the ministry of agriculture and textiles, with participation from ICAR, CSIR and State Agricultural Universities, initially covering 140 districts across 14 states and about 2,000 processing units.- Our Bureau