The Fair and Remunerative Price (FRP) is the mandatory minimum price that sugar mills must pay to sugarcane farmers, ensuring stable income for the agricultural sector. While the CACP provides recommendations based on consultations with state governments and industry stakeholders, the final approval authority rests with the Cabinet Committee on Economic Affairs (CCEA). The government maintains these controls under the Essential Commodities Act to stabilize domestic supply. Additionally, sugar stockholding limits have been imposed from August to November 2026 to curb price volatility.