In August 2020, the Cabinet Committee on Economic Affairs declared the

1.	In August 2020, the Cabinet Committee on Economic Affairs declared the Fair and Remunerative Price of ______ per quintal for sugarcane for the marketing year starting October 2020.1. Rs. 2752. Rs. 2653. Rs. 2554. Rs. 285
Answer» Correct Answer - Option 1 : Rs. 275 The correct answer is Rs. 275. The decision to increase the Fair and Remunerative Price (FRP) of sugarcane for the 2020-21 marketing year (October-September) was taken in the meeting of the Cabinet Committee on Economic Affairs (CCEA). The government had fixed sugarcane FRP at Rs 275 per quintal for the current 2019-20 marketing year. The FRP has been fixed in line with the recommendation of the Commission of Agricultural Costs and Prices (CACP), a statutory body that advises the government on the pricing policy for major farm produce. The FRP, which is determined under Sugarcane (Control) Order, 1966, is the minimum price that sugar mills have to pay to sugarcane farmers. Major sugarcane producing states such as Uttar Pradesh, Punjab and Haryana fix their own sugarcane price called 'state advisory prices.

In August 2020, the Cabinet Committee on Economic Affairs declared the Fair and Remunerative Price of ______ per quintal for sugarcane for the marketing year starting October 2020.1. Rs. 2752. Rs. 2653. Rs. 2554. Rs. 285

Answer» Correct Answer - Option 1 : Rs. 275

The correct answer is Rs. 275.

The decision to increase the Fair and Remunerative Price (FRP) of sugarcane for the 2020-21 marketing year (October-September) was taken in the meeting of the Cabinet Committee on Economic Affairs (CCEA).
The government had fixed sugarcane FRP at Rs 275 per quintal for the current 2019-20 marketing year.
The FRP has been fixed in line with the recommendation of the Commission of Agricultural Costs and Prices (CACP), a statutory body that advises the government on the pricing policy for major farm produce.
The FRP, which is determined under Sugarcane (Control) Order, 1966, is the minimum price that sugar mills have to pay to sugarcane farmers.
Major sugarcane producing states such as Uttar Pradesh, Punjab and Haryana fix their own sugarcane price called 'state advisory prices.