● The Fair and Remunerative Price(FRP) is the minimum price that sugar mills have to pay to sugarcane farmers.
● FRP is determined by the Central Government on the basis of the recommendations of the Commission for Agricultural Costs and Prices(CACP).
● The ‘FRP’ of sugarcane is determined under Sugarcane (Control) Order and announced by the Cabinet Committee on Economic Affairs(CCEA).
● The final FRP is arrived at by taking into account various factors such as cost of production, domestic and international prices, overall demand-supply situation, intercrop price parity among others.
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