Question

Fair and remunerative price is followed for which of the following crops?
A. Cotton
B. Sugarcane
C. Onion
D. Coconut
Choose the correct answer from the options given below:

• A. A only
• B. B only
• C. A and B only
• D. A and C only

Hint:

Sugarcane has Fair and Remunerative Price (FRP); other 22 mandated agricultural crops are covered under Minimum Support Price (MSP).

Answer 1

The Correct Option is B

Step 1: Understanding the Concept:
The Commission for Agricultural Costs and Prices (CACP) recommends minimum support prices (MSP) and statutory prices for agricultural commodities.

Step 2: Detailed Explanation:
Fair and Remunerative Price (FRP) is statutory pricing determined specifically for sugarcane under the Sugarcane (Control) Order, 1966.
Sugar mills are legally mandated to pay at least the FRP to sugarcane farmers.
For other major field crops like cotton and coconut, Minimum Support Price (MSP) is announced.

Step 3: Final Answer:
Therefore, FRP is followed exclusively for sugarcane (B only).