Social Sciences, asked by jatin2101889, 5 months ago

What is minimum suppant price?

Answers

Answered by idk52

1

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.

Answered by livingston42

2

Answer:

it means it is the minimum or the small part of price

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