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This report, by the Commission for Agricultural Costs and Prices (CACP), provides price recommendations and non-price measures for mandated kharif crops for the 2017-18 market season. The CACP, set up in 1965, was originally called the Agricultural Prices Commission but was given its present name in 1985. It prescribes the minimum support price (MSP) for 23 agricultural commodities to the government. These include 7 cereals, 5 pulses, 7 oilseeds and 4 commercial crops. CACP is attached to the Ministry of Agriculture and Farmers Welfare, Government of India.
In order to arrive at the MSP, the CACP takes into account factors such as cost of production, the overall demand-supply situation, domestic and international prices, changes in input costs, inter-crop price parity, terms of trade, efficient use of resources, and the impact of MSPs on price levels.
The report furnishes most of its data in tables, graphs and charts.