Hike in Minimum Support Price for Kharif Crops | Will MSP Hike Help Farmers? | Economy UPSC

BYJU'S IAS: Hindi
BYJU'S IAS: Hindi
2.4 هزار بار بازدید - پارسال - The Government of India has
The Government of India has announced a hike in the Minimum Support Price (MSP) for this year’s Kharif crops. The hike in MSP ranges between 5-10% from last season. The reason behind the MSP hike is to ensure remunerative prices to farmers for their produce and to encourage crop diversification.

The Minimum Support Price or the MSP is a part of the government’s agricultural price policy. It is the price at which the government offers to procure farmers’ produce during the season. MSP works as a tool to stabilise production and to control consumer prices.

What is MSP? Will MSP Hike benefit the farmers? What is the MSP hike for Kharif Crops? What is the government claim on remunerative prices to growers? Will the increase in minimum support price encourage crop diversification? Why are farmers not satisfied with the MSP hike? What are the demands of the farmers with respect to MSP hike? For answers to these questions and much more details watch the full video. Understand various current affairs topics, strictly from the perspective of the UPSC Civil Services Examination, subscribe to our YouTube Channel Now!!!

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پارسال در تاریخ 1402/03/23 منتشر شده است.
2,422 بـار بازدید شده
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