The Fair and Remunerative Price (FRP) of sugarcane is approved by the
Cabinet Committee on Economic Affairs
Commission for Agricultural Costs and Prices
Directorate of Marketing and Inspection, Ministry of Agriculture
Agricultural Produce Market Committee
Answer is Right!
Answer is Wrong!
This question was previously asked in
UPSC IAS – 2015
The Commission for Agricultural Costs and Prices (CACP) is an advisory body that recommends the Minimum Support Prices (MSPs) for various crops and the Fair and Remunerative Price (FRP) for sugarcane. However, the final approval for the FRP comes from the Union Cabinet, specifically the Cabinet Committee on Economic Affairs (CCEA), chaired by the Prime Minister.