Economy, asked by veeraditysingh1384, 1 year ago

Why do farmer need MSP?write some points

Answers

Answered by Arslankincsem
0

MSP stands for minimum support price.


Farmers need MSP for a number of reasons.


Some of them are as follows:

1) This money is given to them by the government.


As the farmers receive this money they are motivated to grow more crops which is very important for every family in India.

2) They receive a certain amount of profit due to this MSP, which helps their family to survive.

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