Question

what do you mean by minimum support price

Answer 1

Hello

here is your answer..


Minimum support price (MSP) is the price, which is fixed by the Govt. for farmers. So that farmers could earn profits by selling their grains.

Govt. also mentioned that if any farmers are unable to sell at MSP then Govt will buy all his crops to maintain buffer stock.



hope it helps
#jerri

Answer 2

Explanation:

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