Answer
₹365
Explanation
The Central Government has increased the Fair and Remunerative Price (FRP) of sugarcane to ₹365 per quintal.
Key Points
- > CACP recommends this price
- > It is determined under the Sugarcane (Control) Order, 1966
- > Sugar mills are obligated to buy sugarcane at this price
Additional Information
- CACP (Commission for Agricultural Costs and Prices) was formed in 1965.
- It recommends MSP for 23 crops and FRP for sugarcane to the Centre.
- India is the world's second-largest sugarcane producer.
| Subject | Information |
|---|---|
| New FRP | ₹365/quintal |
| Recommended by | CACP |