India, March 18 -- The Government of India issued the following news release:
Government fixes minimum support prices (MSPs) for 22 mandated agricultural crops on the basis of the recommendations of the Commission for Agricultural Costs & Prices (CACP), after considering the views of State Governments and Central Ministries/ Departments concerned. The details of increase in the cost of production and comparative details of the increase in cost of production and increase in MSP of various crops covered under MSP in the last five years is enclosed at Annexure-I.
Government procures cereals and coarse cereals through Food Corporation of India (FCI) and other designated State Agencies to provide price support to the farmers.
The estimates fo...