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Sugar Harvest 2024: New Support Measures

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Sugar Harvest 2024: New Support Measures
Sugar Harvest 2024: New Support Measures

In a recent event at the Beau-Champ Farmers’ Service Centre, Minister of Agro-Industry and Food Security, Vikram Hurdoyal announced significant support measures for sugarcane planters ahead of the 2024 harvest.

These include an 80% advance payment on the guaranteed sugar price, an Advanced Fertiliser Scheme, provisions for leasing and acquiring modern machinery, and a Cane Replanting Revolving Fund.

Additionally, there will be an increase in the minimum guaranteed price per ton of sugar and the introduction of new mechanised equipment.

Source: Le Mauricien

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