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What is CACP: Role and Functions in Agriculture about?

The Commission for Agricultural Costs and Prices (CACP) is an expert body established in 1965 by the Government of India to recommend minimum support prices (MSPs) for agricultural crops. It considers various factors like production costs, market rates, and overall economic impact to make its recommendations. The CACP recommends MSPs for 23 commodities including grains, pulses, oilseeds, and commercial crops. While its suggestions are not binding, the government generally sets MSPs based on CACP recommendat

Author

Deep Chand

Language

EN