Skip to main content

what is minimum support price (MSP) and CAPC?

MSP

The minimum support price is the price by which the product cannot be purchased directly from the farmer by giving a lower price due to the bumper production of a crop or its excess in the market, its price is declared in comparison, government agencies purchase most of the crops of farmers at minimum support price. The government announces the minimum support price before sowing the crop. Announcement of MSP Rabi and Kharif seasons are done twice a year by the government on the recommendation of the Commission for Agricultural Costs and Prices.The main objective of the minimum support price is to protect the farmers from exploitation by middlemen. Their yield
Grain is to be provided to the people by the public distribution system.


Commission for agricultural cost and price (CACP)


The Commission for Agricultural Costs and Prices is an attached office of the Ministry of Agriculture and Farmers Welfare, Government of India. This commission came into existence in January 1965. This commission balanced and integrated price structure of agricultural products.Established for the purpose of preparing. Agricultural Costs and Prices Commission Minimum Support Price of Agricultural Products
Gives advice on The Commission for Agricultural Costs and Prices while recommending the price policy for various commodities takes into account the following factors:

Demand and Supply

Cost of production

Price trends in both domestic and international markets

Inter-crop price parity

Terms of trade between agriculture and non-agriculture potential impact of MSP on consumers of that product.

Comments

Popular posts from this blog

Current position of money market in Madhya Pradesh.

Money Market in Madhya Pradesh What is Money Market? The money market is a place where short term tenure obligations such as treasury bills, commercial paper / paper and bankers' approvals etc. are bought and sold. In finance, the currency market refers to the global financial market for borrowing and lending short-term debt. It provides short term cash / liquidity funding for the global financial system.  The money market consists of financial institutions and money or credit dealers, who either undertake borrowing or lending. Participants borrow or lend for a short period, usually up to thirteen months. Money market trading of short-term financial instruments is commonly called "paper". This is in contrast to the relatively long-term capital capital market, which is supplied by bonds and shares. There are banks in the money market and origin, which borrow and lend to each other using commercial paper, repurchase agreements and similar instruments. In fact, the money mar

What is 'Sanjha Chulha Yojna' of Madhya Pradesh?

Sanjha chulha Yojana of madhya pradesh Sanjha Chulha yojana was started to ensure food security to the families of Sahariya tribe in Morena district by Akash Tripathi (Collector Morena) by the state government, Sanjha Chulha was started in 29 villages in 3 blocks of Morena district. This Yojana was started on 1st November 2009. Under this scheme, free food was provided to the selected beneficiaries once daily. A card was issued under this arrangement from which this facility can be availed. Since kitchens were mainly used for cooking in India, this scheme was named as Sanjha Chulha. Funds for this scheme are arranged with Gram Panchayat, Red Cross and public support.  Under the Sanjha Chulha scheme, there is a provision of providing nutritious food to children of 6 months to 3 years (children and mothers also) in the anganwadis  Providing balanced diet. Some Important Points about this scheme The scheme will start from November 1 2009 Functionally will be started at every Anganwadi cen

The agro-based industries of Madhya Pradesh.

Madhya Pradesh is one of the four industrialized states of the country, an exceptionally rich natural resource and rich in manpower. Apart from being an agrarian state, it is also a state rich in forest wealth and mineral wealth, and industries have been established on the basis of these immense natural wealth. Although several industrial units and mineral and forest wealth have been snatched from the state due to the separation of Chhattisgarh, despite this Madhya Pradesh has managed to strengthen its industrial position, thanks to the untiring efforts made by the state government. Madhya Pradesh is an agrarian state whose economy is directly or indirectly dependent on agriculture. Indirectly, the raw material produced in agriculture is used for the operation of industries and industries are important pillars of the economy of the state. In this way, many industries have been established in Madhya Pradesh on the basis of agricultural crops like cotton, sugarcane, soybean, oilseeds, pu