Social Sciences, asked by prabhavpavan4073, 1 year ago

What do you know about minimum support prise

Answers

Answered by Nishabd
1
Hey brother, an MSP is the minimum price set by the Government at which farmers can expect to sell their produce for the season. When market prices fall below the announced MSPs, procurement agencies step in to procure the crop and ‘support’ the prices:-)
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