Commission for Agricultural Costs and Prices

The Commission for Agricultural Costs and Prices (CACP) is an Indian government body that advises on the pricing and cost of agricultural products. Established in 1965, its primary role is to recommend minimum support prices (MSP) for crops, ensuring farmers receive fair payments for their produce. The commission analyzes factors like production costs, market trends, and consumer prices to help stabilize the agricultural economy. By setting these prices, CACP aims to enhance farmers' incomes, promote crop diversification, and ensure food security in the country.