Question

define the following terms
MSP, FCI ,KVK PDS...
please answer it urgently

Answer 1

1️⃣ MSP- Minimum Support Price

Minimum Support Price is the price at which the government purchases crops from farmers. Minimum Support Price is also an important part of India’s agricultural price policy.

2️⃣ FCI- Food Corporation of India

The Food Corporation of India is setup under the Food Corporation Act 1964, to fulfill the objectives of the Food Policy.

3️⃣ KVK-Krishi Vigyan Kendra

A Krishi Vigyan Kendra (KVK) is an agricultural extension center which is located in India. The name gives the definition "farm science center".

4️⃣ PDS- Public Distribution System

The Public Distribution System is a system of management of scarcity through distribution of food grains at affordable prices.