The Sugarcane (Control) Order of 1966 underwent an amendment on October 22, 2009, replacing the concept of Statutory Minimum Price (SMP) for sugarcane with the ‘Fair and Remunerative Price (FRP)’ beginning from the 2009-10 sugar season and onward. The determination of cane price by the Central Government is based on recommendations from the Commission for … Continue reading Know your sugar industry: What is sugarcane Fair and Remunerative Price (FRP)?