CCEA approves increase in FRP of Sugarcane by Rs 10 for 2020-21

The Cabinet Committee on Economic Affairs (CCEA) has approved the proposal made by the food ministry to increase the Fair and Remunerative Price (FRP) by Rs 10 for the next marketing year, starting in October 2020.
The FRP of Sugarcane will increase from 275 to 285 per quintal.
The initiative has been taken after the recommendation of the Commission of Agricultural Costs and Prices (CPACP).
Fair and Remunerative Price is the minimum price, to be paid by the sugar mills to the farmers for their sugarcane. It is determined under Sugarcane (Control) Order, 1966.
State advisory price is the price fixed by the sugarcane producing states on their own. It is usually higher than the Fair and Remunerative Price. The states of Uttar Pradesh, Punjab and Haryana have their own SAPs.