The Commission for Agricultural Costs & Prices (CACP since 1985, earlier named as Agricultural Prices Commission) came into existence in January 1965. Currently, the Commission comprises a Chairman, Member Secretary, one Member (Official) and two Members (Non-Official).

*: MSP for TD5 variety of jute till 2014-15, and TDN3 (equivalent of TD5) variety of jute from 2015-16. £: Bonus of ₹40 per quintal subject to liquidation of 15 million tons of Central Pool Stocks.

2020年3月3日 · Government fixes Minimum Support Price (MSP) on the basis of recommendations of Commission for Agricultural Costs and Prices (CACP). The Union Budget for 2018-19 had announced the pre-determined principle to keep MSP at levels of one and half times of the cost of production.

As of now, CACP recommends MSPs of 23 commodities, which comprise 7 cereals (paddy, wheat, maize, sorghum, pearl millet, barley and ragi), 5 pulses (gram, tur, moong, urad, lentil), 7 oilseeds (groundnut, rapeseed-mustard, soyabean, seasmum, sunflower, safflower, nigerseed), and 4 commercial crops (copra, sugarcane, cotton and raw jute).

2025年1月20日 · What is MSP? MSP – Minimum support price for a crop is the price at which the government is supposed to procure/buy that crop from farmers if the market price falls below it. Floor price - MSPs provide a floor for market prices, and ensure that farmers receive a certain “minimum” remuneration so that their costs of cultivation (and some ...

5 天之前 · The Commission for Agricultural Costs & Prices (CACP) details three major formulae to arrive at MSP. A2 : Costs incurred by the farmer in production of a particular crop. It includes several inputs such as expenditure on seeds, fertilisers, pesticides, leased-in land, hired labour, machinery and fuel.

2024年10月5日 · Under Minimum Support Price (MSP), the Commission for Agricultural Costs & Prices (CACP) recommends prices for 23 specific crops and a fair and remunerative price for sugarcane. The CACP is a department of the Ministry of Agriculture and Farmers Welfare.

The Commission for Agricultural Costs and Prices (CACP), set up in 1965, is a decentralized agency of the Government of India (GoI). It is an expert body that recommends the Minimum Support Prices (MSPs) by taking into consideration various factors. In …

4 天之前 · Government fixes minimum support prices (MSPs) for 22 mandated agricultural crops on the basis of the recommendations of the Commission for Agricultural Costs & Prices (CACP), after considering the views of State Governments and Central Ministries/ Departments concerned.

2023年1月16日 · MSP is fixed on the recommendations of the Commission for Agricultural Costs and Prices (CACP), an apex advisory body for pricing policy under the Ministry of Agriculture. CACP recommends the price based on factors like national requirements, available resources, farmer wages, cost of living and product competitiveness.