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Agriculture
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Commission for Agricultural Costs & Prices (CACP)
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Question 1
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Commission for Agricultural Costs & Prices (CACP):
1. Recommends MSPs for 23 agricultural commodities.
2. Conducts consultations with respective state governments.
3. The Ministry of Agriculture takes final decisions on recommendations of CACP.
Which of the above statements is/are correct?
(a) 1 and 2 only
(b) 1 and 3 only
(c) 2 and 3 only
(d) 1, 2, and 3
Explanation Statement 1 is correct: As of now, CACP recommends MSPs of 23 commodities, which comprise 7 cereals (paddy, wheat, maize, sorghum, pearl millet, barley and ragi), 5 pulses (gram, tur, moong, urad, lentil), 7 oilseeds (groundnut, rapeseed-mustard, soyabean, sesamum, sunflower, safflower, niger seed), and 4 commercial crops (copra, sugarcane, cotton and raw jute).
Statement 2 is correct: CACP submits its recommendations to the government in the form of Price Policy Reports every year,separately for five groups of commodities namely Kharif crops, Rabi crops, Sugarcane, raw Jute and Copra. Before preparing aforesaid five pricing policy reports, the Commission draws a comprehensive questionnaire, and sends it to all the state governments and concerned National organizations and Ministries to seek their views. Subsequently, separate meetings are also held with farmers from different states, state governments, National organizations like FCI, NAFED, Cotton Corporation of India (CCI), Jute Corporation of India (JCI), trader's organizations, processing organizations, and key central Ministries.
Statement 3 is not correct: The Cabinet Committee on Economic Affairs (CCEA) of the Union government takes a final decision on the level of MSPs and other recommendations made by CACP.
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