#minimumsupportprice

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खाद्य मंत्रालय के अनुसार, सरकार ने धान की खरीद शुरू कर दी है और अब तक न्यूनतम समर्थन मूल्य (एमएसपी) पर किसानों से लगभग 12.21 लाख टन अनाज खरीदा गया है। मंत्रालय ने गुरुवार को एक बयान में कहा कि तमिलनाडु, पंजाब और हरियाणा में 99, 675 किसानों से एमएसपी पर 2, 689.77 करोड़ रुपये … Read more

Minimum Support Price (MSP) The central government of India set minimum support price based on recommendations it receives from the Commission for Agricultural Costs and Prices. MSP based procurement system is aimed to save the crops from price fluctuations due to various unwanted factors such as the monsoon, lack of market integration, information asymmetry, and other elements of market imperfection ploughing Indian agriculture. However, currently, it does not have any legal backing. Currently, the Commission for Agricultural Costs and Prices (CACP), under the Ministry of Agriculture and Farmers Welfare, has the responsibility of fixing the MSP in the country. As of now, CACP recommends MSPs of 23 commodities: 1 .Cereals-7 2 .Pulses-5 3 .Oilseeds-7 4 .Commercial crops-4 #msp #minimumsupportprice #agriculturebill #2020 #upscexam #ias #upsc #billsoffarmer #indianagriculture #recentbills #prelims #topics #important For more details...... https://dailymaterials.com/minimum-support-price-msp-definition-agriculture-crops/ https://www.instagram.com/p/CJpgIoprsdQ/?igshid=h6hk6nia8uxa