An Amendment Bill aimed at replacing the current concept of fixing minimum price of sugarcane with the Fair and Remunerative Price (FRP) was today introduced in Lok Sabha. An Ordinance to this effect had earlier been promulgated on the 21st of October this year. <br/> <br/>However the Opposition had raised objection on the clause under which the state governments were required to pay the difference between the FRP and State Advised Price. The issue had rocked both Houses of Parliament leading to repeatedly adjournments on the first two days of the current session of Parliament. <br/> <br/>The government had finally agreed to delete the controversial clause and said the difference will be paid by the sugar mills as was the case in the past. <br/>AIR correspondent says the fixation of FRP is aimed at giving higher prices to the farmers for the sugarcane than the statutory minimum price fixed previously. <br/> <br/>Apart from this three other Bills were introduced in the House. These include amendment bills on the payment of gratuity and the Trade Mark amendment bill.<br/>
News On AIR | December 4, 2009 2:10 PM
Amendment Bill with FRP introduced in LS