Скачать или смотреть MSP(MINIMUM SUPPORT PRICE)

What is MSP?
Crops covered under MSP?
Who fixes MSP?
Who precure the crops?
who takes final decision?

The MSP is the rate at which the government purchases crops from farmers, and is based on a calculation of at least one-and-a-half times the cost of production incurred by the farmers.

MSP is a “minimum price” for any crop that the government considers as remunerative for farmers and hence deserving of “support”.

Crops under MSP:

The Commission for Agricultural Costs & Prices (CACP) recommends MSPs for 22 mandated crops and fair and remunerative price (FRP) for sugarcane.

CACP is an attached office of the Ministry of Agriculture and Farmers Welfare.

The mandated crops include 14 crops of the kharif season, 6 rabi crops and 2 other commercial crops.

In addition, the MSPs of toria and de-husked coconut are fixed on the basis of the MSPs of rapeseed/mustard and copra, respectively.