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The Fair and Remunerative Price (FRP) of sugarcane is approved by the
[2015]
- a)Cabinet Committee on Economic Affairs
- b)Commission for Agricultural Costs and Prices
- c)Directorate of Marketing and Inspection, Ministry of Agriculture
- d)Agricultural Produce Market Committee
Correct answer is option 'A'. Can you explain this answer?
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The Fair and Remunerative Price (FRP) of sugarcane is approved by the[...
The Fair and Remunerative Price (FRP) of sugarcane is approved by the Cabinet Committee on Economic Affairs.
Explanation:
**Approval Authority:**
- The Cabinet Committee on Economic Affairs (CCEA) is the authority responsible for approving the Fair and Remunerative Price (FRP) of sugarcane in India.
**Significance of FRP:**
- The Fair and Remunerative Price (FRP) is the minimum price that sugar mills are required to pay to sugarcane farmers for their produce. It is aimed at ensuring fair compensation to farmers for their efforts and investments in sugarcane cultivation.
**Factors Considered:**
- The CCEA takes into account various factors such as production costs, market conditions, and the interests of both farmers and sugar mills while determining the FRP of sugarcane.
**Role of CCEA:**
- The CCEA plays a crucial role in setting the FRP as it impacts the livelihoods of millions of sugarcane farmers across the country. By approving a fair price, the CCEA ensures that farmers receive a reasonable income for their hard work.
**Implementation:**
- Once the FRP is approved by the CCEA, it becomes mandatory for sugar mills to adhere to this price and make timely payments to sugarcane farmers. Any deviation from the approved FRP can lead to legal consequences for the sugar mills.
In conclusion, the approval of the Fair and Remunerative Price (FRP) of sugarcane by the Cabinet Committee on Economic Affairs is a critical step in safeguarding the interests of sugarcane farmers and ensuring a fair compensation for their produce.
Explanation:
**Approval Authority:**
- The Cabinet Committee on Economic Affairs (CCEA) is the authority responsible for approving the Fair and Remunerative Price (FRP) of sugarcane in India.
**Significance of FRP:**
- The Fair and Remunerative Price (FRP) is the minimum price that sugar mills are required to pay to sugarcane farmers for their produce. It is aimed at ensuring fair compensation to farmers for their efforts and investments in sugarcane cultivation.
**Factors Considered:**
- The CCEA takes into account various factors such as production costs, market conditions, and the interests of both farmers and sugar mills while determining the FRP of sugarcane.
**Role of CCEA:**
- The CCEA plays a crucial role in setting the FRP as it impacts the livelihoods of millions of sugarcane farmers across the country. By approving a fair price, the CCEA ensures that farmers receive a reasonable income for their hard work.
**Implementation:**
- Once the FRP is approved by the CCEA, it becomes mandatory for sugar mills to adhere to this price and make timely payments to sugarcane farmers. Any deviation from the approved FRP can lead to legal consequences for the sugar mills.
In conclusion, the approval of the Fair and Remunerative Price (FRP) of sugarcane by the Cabinet Committee on Economic Affairs is a critical step in safeguarding the interests of sugarcane farmers and ensuring a fair compensation for their produce.
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The Fair and Remunerative Price (FRP) of sugarcane is approved by the[...
The Fair and Remunerative Price (FRP) of sugarcane is approved by Cabinet Committee on Economic Affairs.
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The Fair and Remunerative Price (FRP) of sugarcane is approved by the[2015]a)Cabinet Committee on Economic Affairsb)Commission for Agricultural Costs and Pricesc)Directorate of Marketing and Inspection, Ministry of Agricultured)Agricultural Produce Market CommitteeCorrect answer is option 'A'. Can you explain this answer?
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The Fair and Remunerative Price (FRP) of sugarcane is approved by the[2015]a)Cabinet Committee on Economic Affairsb)Commission for Agricultural Costs and Pricesc)Directorate of Marketing and Inspection, Ministry of Agricultured)Agricultural Produce Market CommitteeCorrect answer is option 'A'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about The Fair and Remunerative Price (FRP) of sugarcane is approved by the[2015]a)Cabinet Committee on Economic Affairsb)Commission for Agricultural Costs and Pricesc)Directorate of Marketing and Inspection, Ministry of Agricultured)Agricultural Produce Market CommitteeCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The Fair and Remunerative Price (FRP) of sugarcane is approved by the[2015]a)Cabinet Committee on Economic Affairsb)Commission for Agricultural Costs and Pricesc)Directorate of Marketing and Inspection, Ministry of Agricultured)Agricultural Produce Market CommitteeCorrect answer is option 'A'. Can you explain this answer?.
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