Commission for Agricultural Costs and Prices (CACP) :
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CACP is an expert body which recommend minimum support prices (MSPs) to Government by taking into account cost of production, trends in domestic and international prices.
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It is a panel under the Ministry of Agriculture
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It makes the recommendations for MSPs for 22 kharif and rabi crops.
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It also recommends FRP for sugarcane.
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It came into existence in January 1965.
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Its suggestions are not binding on the government.