what is minimum support price? when it is declared ?
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Answer:
Presently MSP is fixed for 22 agricultural crops. Support is in the form of MSP as well as procurement.
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Crops Rapeseed & Mustard
MSP for RMS 2020-21 (Rs/quintal) 4425
MSP for RMS 2021-22 (Rs/quintal) 4650
Cost* of production 2021-22 (Rs/quintal) 2415
Increase in MSP (Rs/quintal) 225
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Answer:
msp is a minimum support price which is given in return of farmers crop.
Explanation:
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