GS3 · 15 marks · 250 words

Explain the current status of MSP in India and its role in ensuring farmers' income security? In your opinion, does giving legal backing to MSP alone guarantee financial sustainability for all farmers?

Answered by 1 topper · CSE 2024

Syllabus: 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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From the one answer · about 210 words · 100% drew a diagram.

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The toppers’ answers

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Direct and indirect farm subsidies, fertiliser and power subsidy, minimum support prices and procurement.

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