Fair and Remunerative Price
Fair and Remunerative Price (FRP) ensures farmers receive a minimum price for their produce. It is determined by the government based on the cost of production. FRP aims to protect farmers from market fluctuations. It is crucial for promoting agricultural sustainability. The concept is rooted in the National Agricultural Policy. FRP applies mainly to sugarcane, influencing rural economies significantly.
The Cabinet Committee on Economic Affairs (CCEA) approved a Fair and Remunerative Price (FRP) of ₹365 per quintal for sugarcane for the 2026-27 sugar season, which begins in...
May 6, 2026