Who recommends the MSP (Minimum Support Price) to the Government?

The correct answer is Option 1, i.e Commission for Agricultural Costs and Prices.

• Commission for Agricultural Costs and Prices(CACP) is an expert body that recommends MSP by taking into account the cost of production, growing trends in domestic and international market prices.
• Commission for Agricultural Costs and Prices came into existence in 1965 as Agricultural Prices Commission.
• In 1985, Agricultural Prices Commission was renamed as Commission for Agricultural Costs and Prices(CACP).
• The commission comprises a Chairman, Member Secretary, One member (official), and two members (non-official).
• The Cabinet Committee on Economic Affairs (CCEA) approves the MSP.