CURRENT AFFAIRS

2018

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

How many crores Union Government announces Package For Sugarcane Farmers?

A	Rs. 8, 000 crores
B	Rs 6500 crores
C	Rs 5500 crores
D	Rs 4500 crores

Explanation:

Detailed explanation-1: -282.125/qtl for sugarcane in ensuing sugar season 2022-23 in place of Rs. 275.50/qtl in current sugar season 2021-22.

Detailed explanation-2: -The FRP of sugarcane has been fixed at Rs 305/quintal for a basic recovery rate of 10.25%. THE GOVERNMENT announced on Wednesday the Fair and Remunerative Price (FRP) of sugarcane for sugar season 2022-23 (October-September). The FRP of sugarcane has been fixed at Rs 305/quintal for a basic recovery rate of 10.25%.

Detailed explanation-3: -fixes 22 LMT monthly sugar quota for domestic sale in August 2022. ChiniMandi, New Delhi: In a notification issued on 30th day of July 2022, the food ministry has allocated 22 LMT monthly sugar quota for August 2022 to 567 sugar mills which is 1 LMT higher than the quantity allocated sugar quota in August 2021.

Detailed explanation-4: -For 2022-2023, the Centre has fixed Rs 3, 050 per tonne of sugarcane having a recovery of 10.25%.

There is 1 question to complete.