Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Who fixes the MSP?

April 26, 2017Fixes MSP

0

Posted

Who fixes the MSP?

1 Answer

0

Posted

Government of India on recommendation from Commission on Agricultural Costs Prices is fixing the MSP every year. Till 2007-08, the MSPs had been fixed for basic two varieties i.e. F414/H-777/J-34 and H-4/H-10. From cotton season 2008-09, Government of India has been fixing MSPs based on two basic staple groups viz., medium staple group with staple length 24.5 to 25.5mm and Long staple with staple length 29.5 to 30.5mm.