Question

importance of minimum support price

Answer 1

❤.The main objective of Minimum Support Price (MSP) is to avoid losses of farmers by helping them regulate a minimum level of price at which a commodity can be purchased by the agents who purchase from farmers or which the government offers to buy.

Answer 2

Answer:

Hey mate here is your answer.....

The main objective of Minimum Support Price (MSP) is to avoid losses of farmers by helping them regulate a minimum level of price at which a commodity can be purchased by the agents who purchase from farmers or which the government offers to buy.

Hope it helps you.....