The Fair and Remunerative Price (FRP) of sugarcane is approved by the
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UPSC Civil Services preparation
- ACabinet Committee on Economic AffairsCorrect
- BCommission for Agricultural Costs and Prices
- CDirectorate of Marketing and Inspection, Ministry of Agriculture
- DAgricultural Produce Market Committee
Explanation
The Fair and Remunerative Price (FRP) of sugarcane is the minimum price that sugar mills are legally obligated to pay to sugarcane farmers. This price is approved by the Cabinet Committee on Economic Affairs (CCEA), which is a key decision-making body of the Government of India. The CCEA's decision is typically based on the recommendations provided by the Commission for Agricultural Costs and Prices (CACP), which advises the government on minimum support prices (MSPs) and FRPs for various agricultural commodities. However, the final approval authority rests with the CCEA.

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