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Commission for Agricultural Costs and Prices (CACP) formally known as Agricultural Prices Commission is a decentralized agency of the Government of India. It was established in the year 1965 as Agricultural Prices Commission and renamed to Commission for Agricultural Costs and Prices in the year 1985.
Mission
It was establish to to keep maintained the recommend Minimum Support Prices (MSPs) to motivate cultivators and farmers to adopt advance and latest technology in order to get optimum utilization of resources and increase the productivity.
References
- ^ "The Commission of Agricultural Costs & Prices Organisation". nic.in. Retrieved 18 August 2015.
- "Cane farmers association urges government to fix minimum support price for sugar". TET. Retrieved 18 August 2015.