Question

what is minimum support proce (MSP) ? how is it being implemented in your area ?​

Answer 1

Answer:

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Explanation:

Minimum support price is a price at which the farmers can sell the grains if they want to the government. The government sets the MSP so as to cover the cost of cultivation and allow a ittle bit profit to the farmers. Because of the MSP farmers are not forced to sell their grains at cheaper prices to the traders.

Answer 2

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Minimum support price is a price at which the farmers can sell the grains if they want to the government. The government sets the MSP so as to cover the cost of cultivation and allow a ittle bit profit to the farmers. Because of the MSP farmers are not forced to sell their grains at cheaper prices to the traders.