Question

what is the difference between minimum support price and issue price​
If you will answer correctly it will be marked as brilliant

Answer 1

The government of India procures some food grains for the PDS or the public distribution system. For that the government announces the price at which it will buy those grains from the farmers before the sowing season. This is called minimum support price.

The food grains procured by the government is then distributed among the people at a price declared by the government. This is called issue price.

Answer 2

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Msp is the minimum support price that the government promises for any agricultural crop whereas issue price is the price at which government issue the same agricultural crop. ... issue price is for food grains whereas msp is for 25 crops which include both food grains and non flood grains.