Which of the following bodies recommends minimum support price for crops?

Correct option is D

Correct Answer: Option (d): CACP (Commission for Agricultural Costs and Prices)
Explanation:
The Commission for Agricultural Costs and Prices (CACP) is the body responsible for recommending the Minimum Support Price (MSP) for various agricultural crops in India.

The MSP is a price at which the government guarantees to purchase crops from farmers, acting as a safety net to protect them from market price fluctuations.

Information Booster:

Functions of CACP:
Recommending MSP:
CACP recommends MSPs for 23 crops (7 cereals, 5 pulses, 7 oilseeds, and 4 commercial crops).
Ensuring Fair Remuneration:
It ensures that farmers get a fair price for their produce, encouraging them to adopt better farming practices.

Other Options:

• NITI Aayog:
  NITI Aayog is a policy think-tank for the government but does not recommend or set MSPs.
  
• FCI (Food Corporation of India):
  FCI is responsible for procurement, storage, and distribution of food grains under the Public Distribution System (PDS) but does not recommend MSP.
  
•  NABARD (National Bank for Agriculture and Rural Development):
  NABARD focuses on providing financial support to agriculture and rural development projects, not on setting MSPs.