PM reviews performance of key infrastructure sectors of Energy and Mining

Published By : Admin | August 7, 2018 | 22:38 IST

The Prime Minister, Shri Narendra Modi, on Tuesday reviewed progress of key infrastructure sectors of power, renewable energy, petroleum and natural gas, coal, and mining. The review meeting, which lasted for over two hours, was attended by top officials from  infrastructure-related Ministries, NITI Aayog, and PMO.

In course of the presentation made by CEO NITI Aayog, Shri Amitabh Kant, it was noted that the installed power generation capacity in India has risen to 344 GigaWatts. India's energy deficit, which stood at over 4 per cent in 2014, has shrunk to less than 1 per cent in 2018. Significant capacity additions have been made in transmission lines, transformer capacity, and inter-regional transmission.

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India now ranks 26th in the World Bank's "Ease of Getting Electricity" Index, up from 99th in 2014. Progress in household electrification under the SAUBHAGYA initiative, was reviewed. Discussions also focused on last mile connectivity and distribution, in both urban and rural areas.

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In the new and renewable energy sector, cumulative installed capacity has nearly doubled, from 35.5 GigaWatts in 2013-14, to about 70 GigaWatts in 2017-18. In solar energy, installed capacity has increased from 2.6 GigaWatts to 22 GigaWatts in the same period. Officials expressed confidence that India is on track to comfortably achieve the Prime Minister's target of 175 GigaWatts renewable energy capacity by 2022

The Prime Minister urged the officials to work towards ensuring that the benefits from increase in solar energy capacity, reach the farmers, through appropriate interventions such as solar pumps, and user-friendly solar cooking solutions.

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In the petroleum and natural gas sector, it was noted that targets set under the Pradhan Mantri Ujjwala Yojana will be comfortably achieved in the current financial year. In the coal sector, discussions focused on further augmentation of production capacity.

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Cabinet approves Fair and Remunerative Price of sugarcane for sugar season 2025-26
April 30, 2025
QuoteCabinet approves Fair and Remunerative Price of sugarcane payable by Sugar Mills to sugarcane farmers for sugar season 2025-26
QuoteFair and Remunerative Price of Rs. 355/qtl approved for Sugarcane Farmers
QuoteDecision will benefit 5 crore sugarcane farmers and their dependents, as well as 5 lakh workers employed in the sugar mills and related ancillary activities

Keeping in view interest of sugarcane farmers (GannaKisan), the Cabinet Committee on Economic Affairs chaired by the Prime Minister Shri Narendra Modi has approved Fair and Remunerative Price (FRP) of sugarcane for sugar season 2025-26 (October - September) at Rs.355/qtl for a basic recovery rate of 10.25%, providing a premium of Rs.3.46/qtl for each 0.1% increase in recovery over and above 10.25%, & reduction in FRP by Rs.3.46/qtl for every 0.1% decrease in recovery.

However, the Government with a view to protect interest of sugarcane farmers has also decided that there shall not be any deduction in case of sugar mills where recovery is below 9.5%. Such farmers will get Rs.329.05/qtl for sugarcane in ensuing sugar season 2025-26.

The cost of production (A2 +FL) of sugarcane for the sugar season 2025-26 is Rs.173/qtl. This FRP of Rs.355/qtl at a recovery rate of 10.25% is higher by 105.2% over production cost. The FRP for sugar season 2025-26 is 4.41% higher than current sugar season 2024-25.

The FRP approved shall be applicable for purchase of sugarcane from the farmers in the sugar season 2025-26 (starting w.e.f. 1st October, 2025) by sugar mills. The sugar sector is an important agro-based sector that impacts the livelihood of about 5 crore sugarcane farmers and their dependents and around 5 lakh workers directly employed in sugar mills, apart from those employed in various ancillary activities including farm labour and transportation.

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Background:

The FRP has been determined on the basis of recommendations of Commission for Agricultural Costs and Prices (CACP) and after consultation with State Governments and other stake-holders.

In the previous sugar season 2023-24, out of cane dues payable of ₹ 1,11,782 crores about Rs.1,11,703 crores cane dues have been paid to farmers, as on 28.04.2025; thus, 99.92% cane dues have been cleared. In the current sugar season 2024-25, out of cane dues payable of Rs.97,270 crore about Rs.85,094 crores cane dues have been paid to farmers, as on 28.04.2025; thus, 87% cane dues have been cleared.