Explanation:

 The Union Budget for 2018-19 has promised to fix minimum support prices (MSP) for crops to guarantee farmers at least 50 per cent returns on production costs. This is in line with recommendation of the M S Swaminathan-headed National Commission on Farmers (which called for MSPs to be “at least 50% more than the weighted average cost of production”).
the Commission for Agricultural Costs and Prices (CACP), the body that recommends MSPs for various crops, gives three definitions of production costs: A2, A2+FL, and C2.
NITI Ayog in consultation with Central and State Governments will put in place a fool proof mechanism so that farmers will get adequate price for their produce. The procurement of crops under this mechanism is done through Central and state government agencies.