Consider the following:
- Areca nut
- Finger millet
The Cabinet Committee on Economic Affairs has announced the Minimum Support Price for which of the above?
[UPSC Civil Services Exam – 2018 Prelims]
(a) 1, 2, 3 and 7 only
(b) 2, 4, 5 and 6 only
(c) 1, 3, 4, 5 and 6 only
(d) 1, 2, 3, 4, 5, 6 and 7
- Every year, the government announces the Minimum Support Prices (MSP) for various agricultural commodities based on the recommendations of the Commission for Agricultural Costs and Prices (CACP).
- At present, the CACP suggests MSPs for 23 commodities, including 7 cereals (such as paddy, wheat, maize, sorghum, pearl millet, barley, and ragi), 5 pulses (like gram, tur, moong, urad, and lentil), 7 oilseeds (including groundnut, rapeseed-mustard, soybean, sesamum, sunflower, safflower, and nigerseed), and 4 commercial crops (namely copra, sugarcane, cotton, and raw jute).