The Cabinet Committee on Economic Affairs CCEA approved an increase in the Minimum Support Prices MS...........

General Studies (CGL) Indian Economy

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The Cabinet Committee on Economic Affairs (CCEA) approved an increase in the Minimum Support Prices (MSPs) for all

mandated Rabi crops for the marketing season 2021-22 in line with the recommendations of the ______ Commission.

This questions was previously asked in

SSC CGL 12th April 2022 Shift-3

View All ssc Previous Year Papers

Kothari

Nanavati

Swaminathan

Mukherjee

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Explanation:

- The Cabinet Committee on Economic Affairs (CCEA) is responsible for reviewing economic policies and makes decisions on the Minimum Support Prices (MSPs) for crops, ensuring farmers receive fair compensation.

- MSPs are recommended based on various factors, including cost of production, market trends, and farmer livelihoods.

- The Swaminathan Commission was set up primarily to address issues in agriculture and suggested MSPs should be set at 1.5 times the cost of production.

- The other options, Kothari, Nanavati, and Mukherjee, pertain to different domains and are unrelated to MSP recommendations.

Option 3: Swaminathan is the correct answer.