---
title: "Agricultural Prices Commission Definition | Model Diplomat"
description: "The Agricultural Prices Commission was formed in 1965 to advise on crop prices and food procurement, crucial for farmers and policymakers in India."
url: "https://modeldiplomat.com/learn/glossary/agricultural-prices-commission"
---

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Model Diplomat Research Team · Last reviewed June 22, 2026

TL;DR

- The Agricultural Prices Commission was an advisory body set up by the Government of India in 1965 to recommend remunerative crop prices and guide the country's food procurement policy.
- When was the Agricultural Prices Commission established and who was its first chairman?
- How does the APC differ from the Food Corporation of India?
- What did the Agricultural Prices Commission become in 1985?
- What is the significance of the C2+50% formula linked to MSP?

[Civil Service & Diplomatic Exams](https://modeldiplomat.com/learn/civil-services/glossary)Updated June 22, 2026

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In 1965, the Government of India set up the Agricultural Prices Commission under chairman M.L. Dantwala to recommend the first Minimum Support Prices for wheat and paddy during the Green Revolution.

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