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The Commission for Agricultural Costs and Prices (CACP) is an attached office under the Ministry of Agriculture & Farmers Welfare, Government of India, that recommends Minimum Support Prices (MSPs) for select crops. It was established in 1965 [2] as the Agricultural Prices Commission, and was given its present name in 1985. [3]
The Commission introduced a number of price policies including procurement at pre-decided prices, minimum support prices and a distribution system to supply food grains at subsidised rates. [ 18 ] [ 1 ] This body was reconstituted into the Commission for Agricultural Costs and Prices (CACP) in March 1985 with a new and broader terms of ...
Cost of goods sold (COGS) (also cost of products sold (COPS), or cost of sales [1]) is the carrying value of goods sold during a particular period. Costs are associated with particular goods using one of the several formulas, including specific identification, first-in first-out (FIFO), or average cost.
The cost of living is the cost of maintaining a certain standard of living for an individual or a household. Changes in the cost of living over time can be measured in a cost-of-living index . Cost of living calculations are also used to compare the cost of maintaining a certain standard of living in different geographic areas.
Algeria: Office of National Statistics Argentina: National Institute of Statistics and Census of Argentina Albania: Institute of Statistics (Instituti nderkombetare i statistikave).
Since January 2010, the base year used by statisticians in India's Central Statistics Office was the months endinyear for calculations to the year ending March 2012 (i.e., the 2011/12 year). [ 1 ] [ 2 ] [ 4 ] [ 10 ] According to the Frontier Strategy Group, India changes the base year for its GDP calculation about once every five years, so this ...
The price of a product or service is defined as cost plus profit, whereas cost can be broken down further into direct cost and indirect cost. [1] As a business has virtually no influence on indirect cost, a cost reduction oriented cost breakdown analysis focuses rather on factors contributing to direct cost.
Dearness Allowance (DA) is a cost-of-living adjustment, an increase made to the basic pay of government officials and public sector workers’ employees. Public sector unit employees are also government employees, but not civil servants. Some private sector employees and civil servant, are pensioners in India.