Commission for Agricultural Costs and Prices (CACP)

  • CACP is an expert body which recommend minimum support prices (MSPs) to Government (CCEA) by taking into account cost of production, trends in domestic and international prices.
  • It is a statutory panel under the Ministry of Agriculture
  • It makes the recommendations for MSPs for 23 kharif and rabi crops.
  • It came into existence in January 1965.
  • Currently, CCEA comprises Chairman, Member Secretary, one Member (Official) and two Members (Non-Official).
  • The non-official members are representatives from farming community and usually have active association with farming community.
  • Its suggestions are not binding on the government.