MSP mechanism; CACP; PM-AASHA; PM-KISAN
E-3.1.1Core
0/5 stages complete · 0% coverage
Exam Strategy
MSP mechanism and CACP appear frequently in Prelims as factual questions on definitions, coverage crops, and institutional roles. PM-KISAN and PM-AASHA are tested for scheme objectives, beneficiary criteria, and recent amendments. Examiners focus on distinguishing between schemes and understanding the rationale behind MSP calculation methods.
High-yield hooks
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MSP: Guaranteed price floor, input cost + profit margin
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CACP: 6-member body recommending MSP to Cabinet
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PM-KISAN: ₹6,000/year to landholding farmers in 3 installments
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PM-AASHA: Fallback scheme, price support + procurement
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Cost A2+FL: Actual paid-out costs plus imputed family labour
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SCANECONOMY/AGRICULTURAL-SUBSIDYPOLITY/INSTITUTIONAL-MECHANISMSCURRENT-AFFAIRS/FARMER-WELFARE