Maharashtra mills pay 86% FRP to farmers
Sugar mills in Maharashtra have paid 86 per cent Fair and Remunerative Price (FRP) to sugarcane farmers. Out of 187 mills that started crushing season 74 sugar mills have paid 100 per cent FRP.
According to the data released by the State Sugar Commissioner office, mills had to pay ₹16,275 crore to farmers by February end of which ₹13,917 crore have been paid. FRP arrears are of ₹2,367 crore. There are 39 mills in the State which paid less than 60 per cent of the payable FRP.
39% APMCs in Maharashtra join e-NAM
Efforts should be made to expand the reach of e-NAM, feel stakeholders
Of the 306 Agricultural Produce Market Committees (APMCs) in the State, 118 have connected with e-NAM, a pan-India electronic trading portal which is a device to connect existing physical APMC mandis that can be accessed online.
While online gate entry and e-auction have been started in all APMCs, e-payment is functional in only 67 APMCs. The state has 623 subyards spread across the districts.
Fresh enquiries from non-tyre sector lift RSS 5 grade rubber
Spot rubber closed unchanged on Friday. RSS 4 was quoted steady at ₹160 per kg by traders and the Rubber Board. The grade finished flat at ₹155, according to dealers.
The trend continued to remain mixed as RSS 5 ended in green on fresh enquiries from the non-tyre sector, while the overall volumes were low in a comparatively dull trading session.