what is msp?? why is it needed
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The objective of the MSP is thus to ensure remunerative prices to the growers for by encouraging higher investment and production. It also aims to bring a balanced realization of sufficient food production and consumption needs at the same ensuring adequate and affordable food grains to all the people.
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MSP is minimum support price which provides product to consumer at low price then the actual low price. It is needed so that poor people can buy product at affordable price. It is made by govt. So that all would buy the product s.
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