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Who recommends the MSP and issue prices?
Question

Who recommends the MSP and issue prices?

A.

Ministry of agriculture

B.

NAFED

C.

NABARD

D.

Commission for Agricultural cost & prices

E.

Agmark

Correct option is D

The Minimum Support Price (MSP) and issue prices are recommended by the Commission for Agricultural Cost & Prices (CACP). CACP is a government body responsible for advising the government on price policy, ensuring fair remuneration for farmers, and considering factors like production costs, market conditions, and overall agricultural economics. It plays a crucial role in determining MSPs for various agricultural commodities, providing a safety net for farmers and promoting agricultural sustainability.

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