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Question
Which one of the following agencies of Indian Government implements the Price Support Scheme (PSS)?
Which one of the following agencies of Indian Government implements the Price Support Scheme (PSS)?
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Solution
The correct option is B NAFED
In Order to help the farmers in getting remunerative prices for their produce with a view to encourage higher investment and as also to increase production and productivity of a commodity, the government declares Minimum Support Price(MSPs) for 2525 notified agricultural commodities for each Kharif & Rabi crop season. National Agricultural cooperative Marketing Federation of India Ltd(NAFED) is one of the Central Nodal Agencies which implements PSS.
In Order to help the farmers in getting remunerative prices for their produce with a view to encourage higher investment and as also to increase production and productivity of a commodity, the government declares Minimum Support Price(MSPs) for 2525 notified agricultural commodities for each Kharif & Rabi crop season. National Agricultural cooperative Marketing Federation of India Ltd(NAFED) is one of the Central Nodal Agencies which implements PSS.
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