How has minimum support price supported the farmers
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Answer:
MSP is price fixed by Government of India to protect the producer - farmers - against excessive fall in price during bumper production years. ... The major objectives are to support the farmers from distress sales and to procure food grains for public distribution.
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Explanation:
- MSP is price fixed by Government of India to protect the producer - farmers - against excessive fall in price during bumper production years. ... The major objectives are to support the farmers from distress sales and to procure food grains for public distribution.
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