UPSC CAPF AC 2020 Paper

Fixation of price levels for wheat and rice by the Commission for Agriculture Costs and Prices (CACP) is an example of support price. The Commission for Agricultural Costs and Prices (CACP) is an attached office of the Ministry of Agriculture and Farmers Welfare, Government of India. It came into existence in January 1965. It is mandated to recommend Minimum Support Prices (MSPs) to incentivise the cultivators to adopt modern technology and raise productivity and overall grain production.
CACP submits its recommendations to the government in the form of Price Policy Reports every year, separately for five groups of commodities namely Kharif crops, Rabi crops, Sugarcane, Raw Jute and Copra.
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).