- IntroducedLok SabhaDec 04, 2009Gray
- PassedLok SabhaDec 10, 2009Gray
- PassedRajya SabhaDec 16, 2009Gray
This Bill replaces the Ordinance issued to amend the price paid by the central government to sugar mills for levy sugar. The price will be based on "fair and remunerative price" (FRP) for sugarcane instead of the earlier "minimum price" (MSP).
A subsequent Order amended the Sugarcane Order, 1966. If state governments fix a state advisory price (SAP) higher than FRP, they would have to pay the difference to sugarcane farmers. The Order also revokes the additional price for cane to be paid by sugar mills according to the Bhargava Formula.