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Jul 11, 2015 · MSP is price fixed by Government of India to protect the farmers against excessive fall in price during bumper production years. The minimum support prices are a guarantee price for their produce from the Government.
Jun 19, 2024 · The Union Cabinet chaired by Prime Minister Shri Narendra Modi today approved the increase in the Minimum Support Prices (MSP) for all mandated Kharif Crops for Marketing Season 2024-25.
Minimum Support Price (MSP) is the minimum price set by the government for certain agricultural products, at which the products would directly be bought from the farmers if the open market prices are less than the cost incurred. This is an important topic for the UPSC exam.
Feb 6, 2024 · The Government of India fixes Minimum Support Price (MSP) for 22 mandated agricultural crops on the basis of the recommendations of the Commission for Agricultural Costs & Prices (CACP), views of State Governments and Central Ministries/Departments concerned.
Minimum Support Price (MSP) is a form of market intervention by the Government of India to insure agricultural producers against any sharp fall in farm prices.
Feb 7, 2024 · Archive Last updated : 02-07-2024, 10:35 AM
Sep 6, 2023 · Discover the essence of Minimum Support Price (MSP) – empowering farmers, ensuring fair trade. Your guide to agricultural sustainability.
Jun 7, 2023 · The Cabinet Committee on Economic Affairs (CCEA) chaired by the Hon’ble Prime Minister Shri Narendra Modi has approved the increase in the Minimum Support Prices (MSP) for all mandated Kharif Crops for Marketing Season 2023-24.
The minimum support price ( MSP) is the minimum price for select crops raised in kharif and rabi seasons that the Government of India considers as remunerative for farmers and hence deserves support. This is different from procurement price and issue price.
Approval accorded for procurement of 40,000 MT of Pulses under Price Support Scheme (PSS) during KMS 2021-22 in Karnataka .
