The Delhi government has decided to introduce the Minimum Support Price (MSP) for farmers based on the recommendations of the National Commission on Farmers (NCF) headed by MS Swaminathan.
The National Commission on Farmers (NCF) was constituted on November 18, 2004, under the chairmanship of Professor M.S. Swaminathan. The committee made some key recommendations on land reforms, irrigation, credit, and insurance, food security, employment, the productivity of agriculture and farmer competitiveness.
On the issue of MSP, the committee recommended providing farmers with a minimum support price at 50 percent profit above the cost of production classified as C2 by the Commission for Agricultural Costs and Prices (CACP).