Government Fixes MSPs for 22 Crops Annually Based on Commission for Agricultural Costs & Prices Recommendations

• MSP is a government-assured floor price announced annually for 22 mandated crops on the recommendation of the Commission for Agricultural Costs & Prices (CACP) under the Ministry of Agriculture & Farmers Welfare.
• Tests recurring Prelims factual knowledge (crop list, cost concepts, CACP nature) and GS-III Mains issues on farm income, food security, and WTO trade.
• Backed by the Union Budget 2018-19 principle: MSP fixed at at least 1.5× cost of production.