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HomeSugar Prices IndiaNepal government hikes sugarcane price by Rs 20 per quintal

Nepal government hikes sugarcane price by Rs 20 per quintal

The government has increased the sugarcane price for the current fiscal year. It announced the new price, which includes an increase of Rs 20 per quintal from last year’s price, bringing the price to Rs 585 per quintal.

However, the Sugarcane Farmers’ Association has expressed concerns, stating that the price increase does not reflect the overall rise in commodity prices. This has led to growing frustration among farmers, according to the association. Naresh Singh Kushwaha, the district president of the association, mentioned that the government did not consult with sugar producers or sugarcane farmers when determining the new price.

Sugarcane is the one of largest commercial cash crops cultivated in Nepal, but issues of non-payment by sugar producers have been making headlines for decades. Due to the increasing non-payment problem, farmers have begun switching to other crops.

Sugar Times Team
Sugar Times Teamhttps://www.sugartimes.co.in
The Sugar Times Editorial Team is a group of experienced journalists, analysts, and industry experts dedicated to providing in-depth coverage and insights on the global sugar industry. With years of experience in agriculture, trade, sustainability, and market trends, the team brings a wealth of knowledge and expertise to every article they produce.Focused on delivering accurate, timely, and relevant news, the Sugar Times Editorial Team aims to keep industry professionals, stakeholders, and enthusiasts informed on key developments in sugar production, trade policies, innovations, and sustainable practices. Their collective goal is to help readers navigate the complexities of the sugar sector and stay ahead of emerging trends shaping the future of the industry.You may submit your article on info@sugartimes.co.in if you have valuable contributions for the industry readers.
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