Q: The Fair and Remunerative Price (FRP. of sugarcane is approved by the
a) Cabinet Committee on Economic Affairs
b) Commission for Agricultural Costs and Prices
c) Directorate of Marketing and Inspection, Ministry of Agriculture
d) Agricultural Produce Market Committee
The correct answer is option 1.
Fair and Remunerative Price’ (FRP) of sugarcane
- With the amendment of the Sugarcane (Control) Order, 1966 on 22nd October 2009, the concept of Statutory Minimum Price (SMP) of sugarcane was replaced with the Fair and Remunerative Price (FRP) of sugarcane for 2009-10 and subsequent sugar seasons.
- The cane price announced by the Central Government is decided based on the recommendations of the Commission for Agricultural Costs and Prices (CACP) after consulting the State governments and associations of the sugar industry and approved by the Cabinet Committee on Economic Affairs. Hence, Option 1 is correct.
- It is based on the recommendation of the Commission of Agricultural Costs & Prices (CACP) as per its report on the price policy for sugarcane for a season.
- The ‘FRP’ of sugarcane is determined under Sugarcane (Control) Order, 1966 uniformly applicable all over the country.
- The Determination of FRP is in the interest of sugarcane growers keeping in view their entitlement to a fair and remunerative price for their products and ensuring a guaranteed price to cane growers.
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