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Incentive to be Credited to Farmers' Bank Accounts: Minister Vinod Announces
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News18•08-10-2026, 14:29
Incentive to be Credited to Farmers' Bank Accounts: Minister Vinod Announces
- •The Tamil Nadu government has allocated Rs. 603.34 crore as a special incentive for sugarcane farmers for the 2025-2026 crushing season.
- •Sugarcane farmers will receive a guaranteed total price of Rs. 4,000 per tonne, combining central and state allocations.
- •The special incentive will be directly credited to the Aadhaar-linked bank accounts of eligible farmers starting from the Diwali festival.
- •The initiative is expected to benefit approximately 90,000 sugarcane farmers across 29 sugar mills in Tamil Nadu.
Key Questions Answered
The Tamil Nadu government issued a Government Order allocating an unprecedented Rs. 603.34 crore to provide a special incentive for the 2025–2026 crushing season to eligible sugarcane farmers.
Sugarcane farmers will receive a total price of Rs. 4,000 per tonne, which includes the Central Government's Fair and Remunerative Price (FRP) of Rs. 3,290.50 and the state government's special incentive of Rs. 709.50 per tonne.
The special incentive will be disbursed starting from the upcoming Diwali festival through Direct Benefit Transfer (DBT) directly into the Aadhaar-linked bank accounts of approximately 90,000 eligible farmers after scrutiny.
