Understanding terms and formulas used to decide the MSP by CACP & Government of India

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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

What is Minimum Support Price ( MSP ) & related all information

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What is Minimum Support Price ( MSP ) ? The Minimum Support Price (MSP) Scheme is a scheme of the Government of India (GOI) to safeguard the interests of the farmers. Under this Scheme the GOI declares the minimum support Prices of various agricultural produces and assures the farmers that their agricultural produce (of FAQ) … Read more