Q. Fair and Remunerative Price (FRP) and State Advised Price (SAP) are often in the news in reference to which of the following crops?

Sugarcane

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Cotton

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Jute

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Coffee

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Solution

The correct option is A Sugarcane
Explanation:

The Centre fixes the Minimum Support Price (MSP) for a list of crops. For sugarcane, farmers are assured what is known as the Fair and Remunerative Price (FRP).

It is set on the basis of the recommendations of the Commission for Agricultural Costs and Prices (CACP) in consultation with the state governments and the feedback from the sugar industry.

In addition to this, the State Advised Prices (SAP) are announced by key sugarcane producing states which are generally higher than FRP to compensate for the regional differences in the cost of production of the crop.

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Similar questions

83. With reference to Sugarcane Pricing Policy, 'Fair and Remunerative Price (FRP)' is decided on the basis of the recommendations of Commission for Agricultural Costs and Prices (CACP).

Which of the following factors is/are considered for this?

i) Cost of production of sugarcane

ii) Return to the growers from alternative crops and the general trend of prices of agricultural commodities

iii) Availability of sugar to consumers at a fair price

iv. The realization made from sale of by-products viz. molasses, bagasse and press mud or their imputed value

Q. Fair remunerative price is paid for Cotton

Q36. Consider the following statements regarding Fair and Remunerative Price (FRP) of sugarcane:

1. It approved by Commission for Agricultural Costs and Prices (CACP).

2. It is announced for Jute as well.

Which of the above statement(s) is/are correct?

Q. Consider the following

1. MSP is given for 23 agricultural commodities
2. Fair remunerative price is paid for Sugarcane

Which of the above are correct?

Q. Consider the following statements:

Procurement of food grains at support prices.
1) Ensures stability in farm prices.
2) Ensures remunerative prices to farmers.
3) Helps building public stocks of food grains.

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