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
Explanation
Option (a) is correct
- Fair and Remunerative Price (FRP) is the minimum price sugar mills have to pay farmers for sugarcane. In 2009, amending the Sugarcane (Control) Order, 1966, the Centre replaced the Statutory Minimum Price (SMP) of sugarcane with the Fair and Remunerative Price (FRP).
- The price is decided by the Cabinet Committee on Economic Affairs (CCEA) based on recommendations of the Commission for Agricultural Costs and Prices (CACP) and in consultation with State governments and the sugar industry. However, some States, like Uttar Pradesh, Haryana, and Punjab, offer higher prices for sugarcane under the State Advised Price (SAP), which mills in those States must abide by.
- Cabinet Committee on Economic Affairs (CCEA) members: The Prime Minister, the Defence Minister, the Home Minister, the Finance Minister, the Minister of Agriculture and Farmers Welfare and some other senior ministers.
Option (b) is incorrect
- It is mandated to recommend minimum support prices (MSPs) to incentivize the cultivators to adopt modern technology, and raise productivity and overall grain production in line with the emerging demand patterns in the country.
- Commission for Agricultural Costs and Prices (CACP) members. It comprises a Chairman, a Member Secretary, one Member (Official) and two Members (Non-Official). The non-official members are representatives of the farming community and usually have an active association with the farming community.
Option (c) is incorrect
- The Directorate of Marketing and Inspection (DMI), an attached Office of the Department of Agriculture, Cooperation and Farmers Welfare under Ministry of Agriculture & Farmers Welfare.
- It was set up in the year 1935 to implement the agricultural marketing policies and programmes for the integrated development of marketing of agricultural and other allied produce in the country with a view to safeguard the interests of farmers as well as the consumers.
Option (d) is incorrect
- An Agricultural Produce Market Committee (APMC) is a marketing board established by state governments in India to ensure farmers are safeguarded from exploitation by large retailers, as well as ensuring the farm to retail price spread does not reach excessively high levels.
