The Fair and Remunerative Price (FRP) of sugarcane is approved by the
[UPSC Civil Services Exam – 2015 Prelims]
(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 Marketing Committee
Answer: (c)
Explanation:
- The proposal in respect of determination of ‘Fair and Remunerative Price’ (FRP) of sugarcane payable by sugar mills for a sugar season is approved by the Cabinet Committee on Economic Affairs (CCEA) chaired by the Prime Minister.
- The FRP 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.