Economy, asked by chandan120, 1 year ago

what do you mean by minimun support price

Answers

Answered by Shubhikaupreti
1
 Minimum Support Price (MSP) is a form of market intervention by the Government of India to insure agricultural producers against any sharp fall in farm prices.OR,
it's a price at which government purchases crop from the farmers.

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Answered by gaurav2013c
7
Minimum Support Price is the price at which government purchases crops from the farmers.

Hope it helps
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