Question : What type of products ,does CACP recommend minimum support price for?
Option 1: industrial products
Option 2: Agricultural products
Option 3: pharmaceutical products
Option 4: None of the above
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Correct Answer: Agricultural products
Solution : The correct option is Agricultural products.
The Commission for Agricultural Costs and Prices (CACP) operates as an independent entity within India's Ministry of Agriculture and Farmers Welfare, tasked with the crucial role of proposing minimum support prices (MSPs) for a range of vital agricultural products. This includes staple crops such as wheat and rice, essential cash crops like sugarcane and cotton, as well as protein-rich pulses like gram, masur, and moong, along with oilseeds including groundnut, mustard, and sunflower. Additionally, CACP extends its recommendations to encompass barley and jute. Through its recommendations, CACP plays a pivotal role in stabilizing the income of farmers and ensuring the availability of these key agricultural products in the market.
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