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Consider the following statements:
1. The Minor Forest Produce has been defined under the Indian Forest Act, 1927.
2. The government of India announces the Minimum Support Price (MSP) for various Minor Forest Produce on the recommendations of Commission for Agricultural Costs and Prices (CACP).
Which of the statements given above is/are correct?
1 only
2 only
Both 1 and 2
Neither 1 nor 2
Recent Context: In a bid to financially empower tribals during the COVID-19 crisis, the Centre has increased the minimum support price (MSP) of minor forest produce (MFP) by 16-30%. The list of products will include 20 new items such as cardamom, turmeric and ginger, ban tulsi, ban jeera and raw bamboo brooms. Forest products collected by tribals in northeastern states will also be included.
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