LAHORE: The Punjab government has announced unchanged price of sugarcane at Rs180 per 40 kilograms under Section 16(i) of the Punjab Sugar Factories Control Act, 1950 for the crushing season 2015-16.
According to a notification, the minimum price of sugarcane at the factory gate and the cane purchase centres had been fixed at Rs180 per 40 kilograms (Rs450 per 100 kilograms).
The government has not changed the sugarcane development cess, maintained at Rs3 per 40kg, or Rs7.5 per quintal, or Rs75 per metric ton. The incidence of the cess amount would be equally shared by the sugar mills and the growers, selling sugarcane to the mill.
