Social Sciences, asked by snehaaa67, 7 months ago

minimum support price

Answers

Answered by itzabhi41

6

Answer:

The minimum support price is an agricultural product price set by the Government of India to purchase directly from the farmer.

Answered by dearpreetirai

3

Answer: The minimum support price (MSP) is an agricultural product price set by the government of India to purchase directly from the farmer. This rate is to safeguard the farmer to a minimum profit for the harvest, if the open market has lesser price than the cost incurred.It is also known as price.

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