Question

Minimum support price guarantees the
farmers with​

Answer 1

Answer:

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. The Indian government sets the price for 23 commodities twice a year. MSP is fixed on the recommendations of the Commission for Agricultural Costs and Prices (CACP) since 2009.

Answer 2

Answer:

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. The Indian government sets the price for 23 commodities twice a year. MSP is fixed on the recommendations of the Commission for Agricultural Costs and Prices (CACP) since 2009.

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