New Delhi: Retail inflation for farm workers eased to 3.73 per cent in March 2025, as compared to 4.05 per cent in February this year, as per latest data released on Wednesday.
For rural workers retail inflation eased to 3.86 per cent in March 2025, as against 4.10 per cent in February this year, according to official data.
The All-India Consumer Price Index for Agricultural Labourers (CPI-AL) and Rural Labourers (CPI-RL) decreased by 3 points and 2 points, for the month of March 2025, falling to 1,306 and 1,319 points, respectively, a labour ministry statement said.
The CPI-AL and CPI-RL were at 1,309 points and 1,321 points respectively in February 2025.
“The year-on-year inflation rates based on CPI-AL and CPI-RL for March 2025 were recorded at 3.73 per cent and 3.86 per cent, respectively, compared to 7.15 per cent and 7.08 per cent in March 2024. The corresponding figures for February 2025 stood at 4.05 per cent for CPI-AL and 4.10 per cent for CPI-RL,” it stated.
CCEA raises sugarcane FRP by 4.41% to Rs 355/qtl for 2025-26
The government on Wednesday decided to increase the Fair and Remunerative Price (FRP) of sugarcane by 4.41 per cent to Rs 355 per quintal for the upcoming 2025-26 season beginning October.
A decision in this regard was taken in the meeting of the Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Narendra Modi keeping in the interest of sugarcane farmers.
For the current 2024-25 season, the FRP of sugarcane has been fixed at Rs 340 per quintal.
FRP is the minimum price mandated by the Government of India that sugar mills are legally obligated to pay sugarcane farmers for their produce.
Briefing media after the CCEA meeting, I&B Minister Ashwini Vaishnaw said the FRP of Rs 355 per quintal has been approved for a basic recovery rate of 10.25 per cent.
The government has also decided that there will not be any deduction in the case of sugar mills where recovery is below 9.5 per cent. Such farmers will get Rs 329.05 for sugarcane in the ensuing 2025-26 season, he said.
For rural workers retail inflation eased to 3.86 per cent in March 2025, as against 4.10 per cent in February this year, according to official data. Economy Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
