The Fair and Remunerative Price(FRP) of sugarcane is approved by the :

 a) Cabinet committee on Economic Affairs
 b) Commission for Agricultural costs and Prices
 c) Directorates of Marketing and Inspection, Ministry of Agriculture
 d) Agricultural Produce Market committee
IAS Prelim-15

Cabinet committee on Economic Affairs
The Cabinet Committee on Economic Affairs (CCEA), chaired by the Prime Minister Shri Narendra Modi, has approved the Fair and Remunerative price of sugarcane payable by sugar mills for the 2015-16 sugar season to be fixed at Rs.230/- per quintal. This will be linked to a basic recovery rate of 9.5 percent, subject to a premium of Rs.2.42 per quintal for every 0.1 percentage point increase in recovery above that level. Source: http://pib.nic.in/newsite/PrintRelease.aspx?relid=114698.
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