MSP is a price support mechanism by the government for selected agricultural crops to protect farmers from price fluctuations. The list of crops covered includes various cereals, pulses, oilseeds, and certain commercial crops. Plantation crops like Areca nut and Coffee, and spices like Turmeric are generally not included in the MSP list.
Consider the following: 1. Areca nut 2. Barley 3. Coffee 4. Finger millet 5. Groundnut 6. Sesamam 7. Turmeric The Cabinet Committee on Economic Affairs has announced the Minimum Support Price for which of the above?
Asked in UPSC IAS 2018 · Topic: Agriculture and Allied Sectors (Agricultural Policies and Programs (MSP, Subsidies))
More Economic Development questions
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