Understanding terms and formulas used to decide the MSP by CACP & Government of India
Cost of production of a Crop while deciding Minimum Support Price ( MSP ) is categorised into 3 major categories as, A2 => Actual paid out cost A2 +FL => Actual paid out cost plus imputed value of family labour C2 => Comprehensive cost including imputed rent and interest on owned land and capital A2 cost … Read more