Commission for Agricultural Costs and Prices
Commission for Agricultural Costs and Prices (CACP) is a decentralised agency of the Government of India. It was established in 1965 as the Agricultural Prices Commission, and was given its present name in 1985. It is an advisory body, not statutory, attached to the Ministry of Agriculture & Farmers Welfare, Government of India. Mission
The commission was established to recommend Minimum Support Prices (MSPs), to motivate cultivators and farmers to adopt the latest technology in order to optimise the use of resources and increase productivity. Composition 
Currently, the Commission consists of -

The non-official members are representatives of the farming community and usually have an active association with the farming community. Recommendations
As of now, CACP recommends MSPs of 23 commodities:

7 cereals (paddy, wheat, maize, sorghum, pearl millet, barley and ragi), 
5 pulses (gram, tur, moong, urad, lentil),
7 oilseeds (groundnut, rapeseed-mustard, soyabean, sesamum, sunflower, safflower, niger seed)
4 commercial crops (copra, sugarcane, cotton and raw jute). 