Social Sciences, asked by daulatram338, 2 months ago

what is Minimum Support Price?

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Answered by ansh8d

0

Answer:

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Answered by joycemartin2005

1

Explanation:

The minimum support price is an agricultural product price, set by the Government of India to purchase directly from the farmer. This is not enforceable by law. By definition, 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

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