Question

Minimum Support Price (MS

  • P is a form of market intervention by the Government of India to insure agricultural producers against any sharp fall in agricultural crops prices. Which committee, chaired by Prime minister, finally approves the MSP as per the recommendations of CACP?
A Cabinet Committee on Economic Affairs
B Commission for Agricultural Costs & Prices
C Shivaraman committee
D Nodal Committee on MSP
E None of the above
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