Q. Which of the following decides the Minimum Support Prices on behalf of the Government of India?
Answer: Commission for Agricultural Costs & Prices
Notes: The Commission for Agricultural Costs & Prices (CACP) is an attached office of the Ministry of Agriculture and Farmers Welfare, Government of India. It came into existence in January 1965. It is mandated to recommend minimum support prices (MSPs) to incentivize the cultivators to adopt modern technology, and raise productivity and overall grain production in line with the emerging demand patterns in the country.
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