Cabinet approves statutory minimum price of sugarcane.Byline: ANI New Delhi, June 25 (ANI): The Cabinet Committee on Economic Affairs (CCEA CCEA Citrix Certified Enterprise Administrator CCEA Council for the Curriculum, Examinations and Assessment CCEA Canadian Council on Ecological Areas CCEA Commission de Contrôle de l'Énergie Atomique (Canada) ) today gave its approval for the statutory minimum price of sugarcane. It has been fixed at 107.76 rupees per quintal QUINTAL. A weight of one hundred pounds for this year's sugar season. Talking to reporters after the meeting, Home Minister P Chidambaram said that where the recovery rate is higher than 9.5 per cent a premium of 1.13 rupees per every 0.1 percentage point increase in the recovery would be given. The sugarcane price for 2008-09 was 81 rupees 18 paise pai·sa n. pl. pai·se or paisa See Table at currency. [Hindi pais . In another decision, the CCEA approved the proposal for strengthening of the Indian Agriculture Research Institute at an estimated cost of about 455 crore n. 1. Ten millions; as, a crore of rupees (which is nearly $5,000,000) s>. Noun 1. crore - the number that is represented as a one followed by 7 zeros; ten million rupees. This will benefit stakeholders including farming communities, private entrepreneurs and research institutes and agricultural universities. The Cabinet also gave its node to the centrally sponsored poultry development scheme with a plan outlay of 150 crore rupees. The scheme will have three components. Assistance to state poultry farms, the rural backyard poultry development and the poultry estates. Chidamabaram said the scheme is expected not only to help the rural farmers to gain supplementary income but also to provide nutrition to the family. "The scheme will be implemented throughout the country and will benefit 3.85 lakh lakh Noun (in India) 100 000, esp. referring to this sum of rupees [Hindi lākh] Noun 1. lakh - the cardinal number that is the fifth power of ten 100000, hundred thousand below poverty line families," he added. (ANI) Copyright 2009 Asian News International The Asian News International (ANI) agency provides multimedia news to China and 50 bureaus in India. It covers virtually all of South Asia since its foundation and presently claims, on its official website, to be the leading South Asia-wide news agency. (ANI) - All Rights Reserved. Provided by Syndigate.info an Albawaba.com company |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion