April 23, 2010 12:47 PM

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Govt fixes sugar cane price at Rs 139.12 per quintal

Government has fixed fair and remunerative price of sugar cane at 139.12 rupees per quintal. A decision to this effect was taken by the Cabinet Committee on Economic Affairs, CCEA in New Delhi on Friday morning. According to an official release, this will be subject to a premium of 1.46 rupees at 9.5 per cent recovery. In another decision, the CCEA approved MSP for TD-5 grade of jute at 1575 rupees per quintal. This represents an increase of 200 rupees a quintal. The CCEZ also approved continuance of National Horticulture Board to boost horticulture in country. It will have an outlay of 632 crore rupees. The Cabinet Committee on infrastructure also met and approved the project of development of a part of Tuticorin port at an estimated cost of over 332 crore rupees.

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