Question

What is MSP and what are its benefits

Answer 1

MSP is minimum support price . it is helpful for poor people who purchase materials from PDS shops . here rates are very low compared to original markets hence it helps them to live

Answer 2

Answer:Minimum Support Price(MSP)

Explanation:

MSP is announced at the beginning of the sowing season to give an incentive to the farmers to grow more.These purchased food grains are stored in granaries as a buffer stock this stock is maintained to distribute food grains through the PDS in the areas of the country where production is less.