Who determines the minimum support price in India ........

Agriculture and Rural Development (Phase-I/II) Rural Development Programmes

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Who determines the minimum support price in India?

The Commission for Agricultural Costs and Prices

The Agriculture Ministry

The Finance Commission

NABARD

Exim Bank

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Explanation:

Minimum Support Price (MSP) is a form of market intervention by the Government of India to insure agricultural producers against any sharp fall in farm prices. The minimum support prices are announced by the Government of India at the beginning of the sowing season for certain crops on the basis of the recommendations of the Commission for Agricultural Costs and Prices (CACP).