Which price does the government declare in support of crops?

The correct answer is Minimum Support Price

Key Points 

• Minimum Support Price (MSP) is fixed by the Government of India to protect the producer-farmers against excessive fall in price during bumper production years.
• The MSP guarantees the price for their produce from the Government.
• The government announced MSP for 22 mandated crops and Fair and Remunerative Prices (FRP) for Sugarcane on the basis of recommendations of the Commission for Agricultural Costs and Prices (CACP). 
• MSP is declared at the time of the beginning of the sowing season.
• MSP was first declared in 1965.

Important Points

• The Commission for Agricultural Costs and Prices (CACP) recommends MSP for 22 mandated crops and Fair and Remunerative Price (FRP) for sugarcane.
  • The CACP is an attached office of the Ministry of Agriculture and Farmers Welfare.
  • Compulsory crops include 14 Kharif season crops, 6 Rabi crops and 2 other commercial crops.
  • Further, the MSP of rapeseed and desiccated coconut is fixed on the basis of the MSP of rapeseed/mustard and copra respectively.

Additional InformationRice, maize, and pulses such as urad, moong dal and bajra are among the major Kharif crops.

• The main rabi crops are wheat, gram, peas, barley etc.
• Important Zaid crops include seasonal fruits, vegetables, fodder crops etc.