Commission for Agricultural Costs and Prices (CACP)

Commission for Agricultural Costs and Prices (CACP) :
  • CACP is an expert body which recommend minimum support prices (MSPs) to Government by taking into account cost of production, trends in domestic and international prices.
  • It is a panel under the Ministry of Agriculture
  • It makes the recommendations for MSPs for 22 kharif and rabi crops.
  • It also recommends FRP for sugarcane.
  • It came into existence in January 1965.
  • Its suggestions are not binding on the government.

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