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Minimum support price

Updated: 11/9/2022
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13y ago

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India implements various mechanisms to stabilizes the prices of agricultural commodities. MSP is the most important among them. MSP becomes the floor price and the farmers are assured of getting that price.

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13y ago
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Write a short note on minimum support price?

minimum


What type of products does CACP recommend minimum support price?

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Is there any difference between procurement price and support price?

Minimum support price is the price at which the govt announces to purchase the produce before the harvest. Procurement price is the price at which the govt buys the produre for PDS and for maintaining the buffer stock. Generally Minimum support price is less than procurement price..


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What is mean by minimum export price?

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What is the minimum listing price of an item in an eBay Store?

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A minimum price for a good or service?

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