CCEA to Discuss Key Decisions on Sugar FRP, MSME Credit, and Semiconductor Units Today

Cabinet Committee on Economic Affairs to Meet Tonight

The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, is scheduled to meet this evening, with several key proposals expected to come up for approval, according to sources.

The CCEA is likely to clear an increase in the Fair and Remunerative Price (FRP) of sugarcane for the upcoming sugar season from October 2026 to September 2027. The FRP is the minimum price that sugar mills are mandated to pay to sugarcane farmers.

In addition to the FRP increase, the government is likely to approve the next phase of the Emergency Credit Guarantee Scheme for Micro, Small and Medium Enterprises (MSMEs), aimed at providing continued financial support to the sector.

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Sources also indicate that proposals to set up two semi-conductor manufacturing units in Gujarat could receive Cabinet approval, in line with the government's push to strengthen domestic semi-conductor capabilities.

Sugarcane is grown mainly in Maharashtra, Uttar Pradesh, and Karnataka. The FRP has been determined on the basis of recommendations of the Commission for Agricultural Costs and Prices (CACP) and after consultation with state governments and other stakeholders.

Comparison of FRP Increases

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Note: The comparison of FRP increases is not available for 2025-2026 and 2024-2025 as the data is not provided in the original text.