What is the result of increasing MSP- nbsp-

Thumbs up to the answer given by Khushbu. Increasing MSP nbsp;implies more security to the farmers for their produce. This has induced farmers to produce mor ...

166

You visited us 166 times! Enjoying our articles? Unlock Full Access!

Byju's Answer

Standard VI

Geography

Types of Farming

what is the r...

Question

what is the result of increasing MSP

Open in App

Solution

Thumbs up to the answer given by Khushbu.

Increasing MSP implies more security to the farmers for their produce. This has induced farmers to produce more. But eventually, it has motivated them to divert land from the production of coarse grains which is the staple food of the poor.

Suggest Corrections

Similar questions

Q. What is a MSP?

Q. What does MSP stand for?

Q. The Union Budget 2018-19 has announced an increase in MSP for crops. This step may result in
1. Increase in food subsidy outgo
2. Decrease in government expenditure.
3. Rise in inflation.
4. Deterioration in farmers' income.
Which of the above statements is/are correct?

Q. What are the features of Minimum Support Price (MSP)?

88. With reference to pulse production in India, which of the below statements is/are correct?

i) Higher MSP has resulted in increased production of pulses.

ii) India is having the largest shares in production (about 25%), about 33% in acreage and about 27% in consumption of total pulses of the world.

Join BYJU'S Learning Program

what is the result of increasing MSP

Thumbs up to the answer given by Khushbu. Increasing MSP implies more security to the farmers for their produce. This has induced farmers to produce more. But eventually, it has motivated them to divert land from the production of coarse grains which is the staple food of the poor.

Thumbs up to the answer given by Khushbu.

Increasing MSP implies more security to the farmers for their produce. This has induced farmers to produce more. But eventually, it has motivated them to divert land from the production of coarse grains which is the staple food of the poor.