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https://www.indianeconomy.net/splclassroom/what-is-minimum-support-price/
Jul 11, 2015 · The minimum support prices are announced by the Government of India at the beginning of the sowing season for certain crops on the basis of the recommendations of the Commission for Agricultural Costs and Prices (CACP). Support prices generally affect farmers’ decisions indirectly, regarding land allocation to crops,...
https://www.gktoday.in/gk/minimum-support-prices/
Minimum Support Price is the price at which government purchases crops from the farmers, whatever may be the price for the crops. The MSP is announced by the Government of India for 25 crops currently at the beginning of each season viz. Rabi and Kharif.
https://www.insightsonindia.com/2019/05/27/minimum-support-price-msp/
May 27, 2019 · In theory, an MSP is the minimum price set by the Government at which farmers can expect to sell their produce for the season. When market prices fall below the announced MSPs, procurement agencies step in to procure the crop and ‘support’ the prices.
https://www.ceicdata.com/en/india/minimum-support-price/minimum-support-price-kharif-crop-paddy-grade-a
Jul 15, 2019 · India’s Minimum Support Price: Kharif Crop: Paddy: Grade A data is updated yearly, averaging 880.000 INR/Quintal from Jun 1998 to 2020, with 23 observations. The data reached an all-time high of 1,835.000 INR/Quintal in 2020 and a record low of 445.000 INR/Quintal in 1998.
http://www.arthapedia.in/index.php?title=Minimum_Support_Prices
Minimum Support Price (MSP) is a form of market intervention by the Government of India to insure agricultural producers against any sharp fall in farm prices. The minimum support prices are announced by the Government of India at the beginning of the sowing season for certain crops on the basis of the recommendations of the Commission for Agricultural Costs and Prices (CACP).
http://caionline.in/pages/minimum-support-price-2017-18
The Cotton Corporation of India Ltd. (CCI) will be the central nodal agency for undertaking price support operations for cotton. National Agricultural Co-operative Marketing Federation of India Ltd. (NAFED) would supplement efforts of CCI for cotton procurement. The Minimum Support Price will be effective from 01.10.2017. Source :
https://onlinelibrary.wiley.com/doi/full/10.1002/app5.197
Minimum Support Prices are an important component of agriculture price policy in India. The scheme provides the floor price for farm produce and also makes food grains available for buffer stock and PDS. It provides security for long‐term investment decisions of the farmers.Author: K.S. Aditya, S.P. Subash, K.V. Praveen, M.L. Nithyashree, N. Bhuvana, Akriti Sharma
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