Topic: Issues related to direct and indirect farm subsidies and minimum support prices
7) As mandated, the Commission for Agricultural Costs and Prices (CACP) recommends MSPs at national level for twenty three crops, but effectively price support operates primarily in wheat and rice and that too in selected states. Examine the consequences and effectiveness of measures taken by the government to address this issue. (200 Words)
Economic Survey – 2015, Volume – II, Chapter – 5