FRP Full Form Friends, in this Artical, we’ll look at the full form of FRP. India has achieved the status of being the world’s most agriculturally advanced country. Because the climate is considered to be one of the best in the world, a variety of crops are cultivated here. Wheat, paddy, and sugarcane are the most important crops in India. Sugarcane is used to manufacture a variety of products in India, the most common of which being sugar and jaggery. Both sugar and jaggery are very beneficial and are available at a reasonable price.
FRP Full Form
“Fair and Remunerative Price” is full form of FRP. Sugar mills must pay sugarcane growers a minimum sum known as FRP. It is based on the Undeveloped Cost and Price Commission’s (CACP) advice, as well as consultations with state governments and other stakeholders. The central government imposes the FRP norm, with the benefit going straight to the farmers; the sugar financial year runs from October to September.
FRP: Fair and Remunerative Price
Sugar mills must purchase sugarcane from farmers at a minimum rate known as the Fair and Remunerative Price (FRP). The FRP is based on the Agricultural Cost and Price Commission’s recommendations (CACP). Sugarcane growers will receive a guaranteed price as a result of this approval. Sugarcane’s ‘FRP’ is determined by the Sugarcane (Control) Order. It will be applied in a consistent manner across the country.
Sugarcane producers’ eligibility for a fair and remunerative price for their produce will be considered while determining the FRP. The minimum rate at which sugar mills must purchase sugarcane from farmers is known as the fair and remunerative price.
The price increase resulting from this FRP will not help all farmers in the country, because the states with the most sugarcane production control the price of their crop. This is referred to as SAP. The SAP for their crop is determined by the farmers of Uttar Pradesh, Punjab, and Haryana. The SAP price is usually greater than the central government’s FRP price.
If the FRP is Rs 285 per quintal following the increase, the SAP for the typical sugarcane variety in Uttar Pradesh will be Rs 315 per quintal. As a result, farmers in these states will not profit from the central government’s increase in FRP in states where the SAP system is in place.
What is FRP?
FRP is a government-set minimum price for sugarcane growers; sugar mills must purchase sugarcane from farmers at this price. Every year, the Commission on Agriculture Cost and Prices (CACP) proposes FRP. CACP makes a price suggestion to the government for other significant agricultural goods, such as sugarcane. After that, the government considers the recommendation and puts it into action. Under the Sugarcane Control Order of 1966, the FRP makes a decision.
Aside from that, the government claims that boosting the sugarcane rate will assist roughly 5 crore sugarcane farmers and their families, as well as sugar mill linked businesses and 5 lakh workers. This decision was made with the best interests of the country’s sugarcane producers and consumers in mind.
FRP is beneficial to farmers – FRP Full Form
The price increase resulting from this FRP will not benefit all of the country’s farmers, because the states with the highest sugarcane production set their own prices. This is referred to as SAP (State Advisory Price). Farmers in the states of Uttar Pradesh, Punjab, and Haryana choose the SAP for their crops.
The value of SAP is generally higher than the value of the central government’s FRP. If the FRP is Rs 285 per quintal following the increase, the SAP in Uttar Pradesh will be Rs 315 per quintal for the typical sugarcane variety. As a result, increasing the FRP by the central government in states where the SAP system is in effect will provide no advantage to the farmers in these states.
Sugarcane FRP Per Quintal is a term used to describe sugarcane
The national sugarcane price in the country is Rs 290 per quintal, but sugarcane payments to farmers will be based on SAP (State Advisory Price) and recovery issued by the states. The Punjab government set a SAP of Rs 360 per quintal for the state’s farmers on August 24. As a result, Punjab farmers will receive the highest sugarcane price of Rs 360 per quintal.
At the same time, 10% recovery is being done where the central government has set the price of Rs 290 per quintal. Sugarcane growers will only be paid Rs 275.50 per quintal if the recovery rate is less than 9.5 percent.
Sugarcane prices have risen by Rs 5 per quintal, compared to Rs 10 last year. Farmers will receive roughly Rs 1 lakh crore next year as a result of the FRP, according to the government, compared to Rs 91,000 crore last year. Quinital FRP
Sugarcane farmers’ debts – FRP Full Form
The country’s farmers are receiving timely payments from the central government. The government claims that the improvement in the industry’s condition as a result of sugar exports and ethanol manufacturing is significant. Previously, the government was supposed to pay sugarcane farmers Rs 76,000 crore in 2019-20, but it only paid them Rs 75,700 crore. That is, the farmers have yet to receive around Rs 142 crore.
The government was supposed to pay sugarcane farmers Rs 91,000 crore in 2020-21, out of which sugarcane worth Rs 90,872 crore was acquired and Rs 86,000 crore was paid to the farmers. This demonstrates that, thanks to other central government initiatives, sugarcane farmers no longer have to wait years for payment, which used to take years. Shri Narendra Modi, the country’s Prime Minister, has always been concerned about the timely payment of sugarcane farmers.
Shri Narendra Modi, India’s Prime Minister, is constantly working to quadruple farmers’ income. The government has agreed to enhance the FRP for the country’s sugarcane growers in this episode. FRP (Fair and Remunerative Price) refers to the price that sugar mills are unable to pay sugarcane growers.