UP hikes sugarcane purchase price by Rs 25 per quintal
In a major decision barely months ahead of the upcoming 2022 Assembly elections, Uttar Pradesh Chief Minister Yogi Adityanath on Sunday announced a Rs 25 per quintal hike in the purchase prices of sugarcane in the state. Addressing a meeting of farmers in Lucknow organised by the BJP’s Kisan Morcha, Adityanath said, “The government has decided that the variety of sugarcane for which Rs 325 per quintal was paid to farmers, that price has been increased to Rs 350, which will be paid to farmers.”
“The government has also decided to increase the price of ordinary sugarcane variety, to Rs 340 (per quintal) up from Rs 315 (per quintal). The government has also decided to the hike the value of the ‘anupyukt’ (less yielding) variety of sugarcane by Rs 25 per quintal.”
Elaborating about the benefits, Adityanath said, “This will enable the sugarcane farmers to increase their income by 8 per cent, and will be a transformation in the lives of 45 lakh farmers.”
Tea Research Institute to sign research MoU with Patanjali
Tea Research Institute will soon sign an MoU with Patanjali to collaborate on advanced research to extract several chemical compounds from tea leaves and seeds to be used in medicine, cosmetics and wellness products.
Acharya Balkrishna NSE 0.48 %, MD, Patanjali Ayurved Ltd. called upon Industries and Commerce Minister Chandra Mohan Patowary.
Balkrishna stated that Patanjali will work with Industries and Commerce Department to promote medicinal plantation in Assam and buy back from farmers for their products manufactured in Sonitpur and Haridwar.