Commission for Agricultural Costs & Prices is working without non-official members. Commission for Agricultural Costs & Prices. The CACP is an expert body that recommends the MSPs of the notified Kharif and Rabi crops to the. In order to buy there had to be a policy on pricing. The CACP currently recommends the MSPs for 23 commodities, which include seven grains, five pulses, seven oilseeds, and four commercial crops. … The Commission for Agricultural Costs and Prices (CACP), set up in 1965, is a decentralized agency of the Government of India (GoI). In 1965, to advise on price policy for agricultural commodities and its impact on the economy, an Agricultural Prices Commission was set up. The Government sets the MSPs on the basis of the recommendations given by the committee. Find the Minimum Support Prices (MSPs) of various agricultural commodities recommended by the Commission for Agricultural Costs and Prices (CACP), Ministry of Agriculture. To provide price stability in the agricultural product. The Indian government sets the price for 23 commodities twice a year. It was introduced with the aim to save the farmers from depleting profits. 4 commercial crops (copra, sugarcane, cotton and raw jute). See other definitions of CACP. These are the A2 method, the A2+FL method, and the C2 method. Agricultural productivity is measured as the ratio of agricultural outputs to agricultural inputs. 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