Minimum Support Price (MSP) for Food Grains was introduced in the year of ________.

1951

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1962

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1964

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1976

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Solution

The correct option is C 1964
The minimum support price for Food grains was introduced in the year 1964

It is the minimum set price by The Government of India to purchase directly from the farmer .

This ensures “ Farmers don’t get loss ” as they are somewhat poor . Agriculture sector is the Largest employer in India , and thus a MSP is necessary to motivate them .

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