MAINS 2018 · GS III · AGRICULTURE & FOOD SECURITY

What do you mean by Minimum Support Price (MSP)? How will MSP rescue the farmers from the…

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2018 GS Paper III Agriculture & Food Security

GS Paper III 10 marks 150 words Agriculture & Food Security

Question

Write from the prompt.

What do you mean by Minimum Support Price (MSP)? How will MSP rescue the farmers from the low income trap?

Syllabus link: GS III – Subsidies & PDS: Issues related to direct and indirect farm subsidies and minimum support prices; Public Distribution System- objectives, functioning, limitations, revamping; issues of buffer stocks and food security; Technology missions; economics of animal-rearing.

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