1.

Memorandum of Understanding amongst BRICS Nations on the

Regional Aviation Partnership
2. Fair and remunerative price (FRP) for sugar cane raised MoU signifies an
important landmark in the civil aviation relations between
India and other BRICS Member States and has the potential to spur greater trade,
investment, tourism and cultural exchanges amongst the BRICS Nations.
Fair and remunerative price (FRP) for sugar cane raised
Part of: GS Prelims and Mains III � Indian economy and agriculture; Farmer�s
income
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Understanding (MoU) amongst BRICS Nations on the Regional Aviation
Partnership Cooperation viz. Brazil, Russia, India, China and South Africa.
? The objective is that BRICS countries would benefit from the establishing of an
institutional framework to cooperate in the field of civil aviation.
Among the areas of cooperation, following areas have been identified:
? Public Policies and best practices in regional services;
? Regional Airports;
? Airport infrastructure management and air navigation services;
? Technical cooperation between regulatory agencies;
? Innovation;
? Environment Sustainability; including deliberation of global initiatives;
Qualification and Training;
? Other fields as mutually determined
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Memorandum of Understanding amongst BRICS Nations on the Regional
Aviation Partnership
? The Union Cabinet has today approved the signing of Memorandum of
? Centre has raised the fair and remunerative price (FRP) for sugar cane for the
next season to ?275 a quintal at a 10% recovery rate.
? This is the minimum price that mills must pay farmers.
? The decision was approved by the Cabinet Committee on Economic Affairs at its
meeting chaired by Prime Minister.
? Mill owners say the current FRP is �unaffordable�.
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