GS3 · 15 marks · 250 words
Discuss the rationale behind declaring Minimum Support Price (MSP) and various issues related to MSP regime in the country. Do you think that providing legal backing to MSP is necessary and sufficient for making farming financially sustainable?
Answered by 1 topper · CSE 2025
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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