Formula for fixing MSP for Paddy and Wheat

Government fixes minimum support prices (MSPs) of 22 mandated crops including paddy, wheat, for every agricultural year and fair < remunerative price (FRP) for sugarcane on the basis of recommendations of Commission for Agricultural Costs < Prices (CACP), after considering the views of State Governments and Central Ministries/Departments concerned < other relevant factors. In addition, MSP for Toria and De-Husked coconut is also fixed on the basis of MSPs of Rapeseed