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Question
As a result of the pressure exercised by the leading producing states, there was an increase in food grains procurement at enhanced?
As a result of the pressure exercised by the leading producing states, there was an increase in food grains procurement at enhanced?
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Solution
The correct option is A Minimum support prices
The instrument of the food management system is the ‘Minimum Support Prices’ (MSP) announced by the government. It is the price at which the government purchases crops directly from the farmers if the crop prices fall below the MSP.
Minimum support prices
The instrument of the food management system is the ‘Minimum Support Prices’ (MSP) announced by the government. It is the price at which the government purchases crops directly from the farmers if the crop prices fall below the MSP.
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