GS3

Indian agriculture suffers from 2 V's, vulnerability of monsoon and volatility of market, that makes MSP as preferred way to safeguard farmer interest

Answered by 1 topper · CSE 2023

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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More on Subsidies and MSP

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

All GS3 questions on Subsidies and MSP