3 Indian & AP Economy and Planning · 3.3.2 Agriculture and rural economy

3.3.2.6 Agricultural prices: CACP, cost concepts, MSP, FRP and PM-AASHA

The CACP recommends Minimum Support Prices for 22 mandated crops, set since 2018-19 at least 1.5 times the A2+FL cost, while sugarcane gets an FRP instead.

  • APPSC Group 1
  • Advanced level
  • 6 min read
  • Full course

Key terms

  • CACP
  • MSP
  • A2+FL
  • C2
  • Swaminathan Commission
  • FRP
  • State Advised Price
  • PM-AASHA
  • price deficiency
  • market intervention

What this note covers

  1. Core factsFoundation
  2. ExplainedStandard
  3. DeeperAdvanced
  4. Mains writingMains writing
  5. Common trapsFoundation
  6. Quick revisionFoundation

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