Minimum Support Price – Plans & Policies

MINIMUM SUPPORT PRICE   For: Preliminary & Mains Topic covers: MSP – new policy, rules and regulations, advantages to farmers   News Flash NITI Aayog has been working on an action plan to relieve rural distress and energise the agricultural sector   Background In the recent past, food inflation based on the Wholesale Price Index has risen faster than the food inflation based on Consumer Price Index. This means that the price rise of farmers…

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