Which of the following makes recommendation regarding fixing of minimum support price for various crops?

  1. Indian Council of Agriculture Research
  2. NABARD
  3. Commission for Agricultural Costs and Prices
  4.  Indian Agricultural Research Institute
Harsh Vardhan Professor Asked on 11th May 2015 in Agriculture.
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    Option 3 is the right answer

    The Commission of 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). The non-official members are representatives of the farming community and usually have an active association with the farming community.

    It is mandated to recommend minimum support prices (MSPs) to incentivize the cultivators to adopt modern technology, and raise productivity and overall grain production in line with the emerging demand patterns in the country.

    Harsh Vardhan Professor Answered on 12th May 2015.
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