Why is a MSP needed?
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The idea behind MSP is to give guaranteed price and assured market to the farmers and protect them from the price fluctuations and market imperfections. ... Further, with the globalization resulting in freer trade in agricultural commodities, it is very important to protect the farmers and their interest.
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heya !!
HERE'S YOUR ANSWER:
MSP- MINIMUM SUPPORT PRICE.
ITS NEED:-->it is the price at which the government buys the crops or plants from farmers.-->for India's agricultural policy of price, it is very important.-->it lets the farmers to have a benefit in selling their crops to government.-->thus , it also ensures that adequate food grains are produced in the country.
◆◆◆◆◆◆◆◆◆◆◆◆◆◆◆◆◆◆◆◆●
I HOPE IT HELPS U !!!!☺
@kundan
HERE'S YOUR ANSWER:
MSP- MINIMUM SUPPORT PRICE.
ITS NEED:-->it is the price at which the government buys the crops or plants from farmers.-->for India's agricultural policy of price, it is very important.-->it lets the farmers to have a benefit in selling their crops to government.-->thus , it also ensures that adequate food grains are produced in the country.
◆◆◆◆◆◆◆◆◆◆◆◆◆◆◆◆◆◆◆◆●
I HOPE IT HELPS U !!!!☺
@kundan
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