Minimum Support Price means a minimum price for a Notified Crop, decided by the Government with a view to ensuring remunerative prices to the farmers for their produce on the basis of the Commission for Agricultural Costs and Prices (CACP) recommendations.
Minimum Support Price means the assured price announced by the Central Government at which foodgrains are procured from farmers by the Central Government and the State Governments and their agencies, for the central pool;
Minimum Support Price means the minimum support price fixed by the State Government for purchase of notified agricultural produce (other than the commodities with reference to which minimum support price is fixed by the Government of India) due to fall in market price. While fixing the minimum support price, the State Government may take the following factors into consideration, namely:-
Examples of Minimum Support Price in a sentence
Paddy conforming to the specifications as mentioned at Clause-4 above is required to be purchased only at Minimum Support Price (MSP) & incentive bonus if any declared by Govt.
More Definitions of Minimum Support Price
Minimum Support Price means the price announced for crop purchases by the Central Government in consultation with the Commission for Agricultural Costs and Prices;”;
Minimum Support Price. 5 means the minimum price fixed by the Government of India or the State Government for purchase of Notified Crop. This price is fixed by the
Minimum Support Price means the minimum price fixed by the Government of India or the State Government for purchase of Notified Crop. This price is fixed by the Government to provide protection to agricultural producers against any sharp drops in prices.
Minimum Support Price means the minimum price declared by the Government at which it commits to buy different food commodities from the farmers.
Minimum Support Price means the minimum support price of agriculture produce as declared by the Union Government;
Minimum Support Price means the price of paddy fixed by the Government of India or the State Government as payable to the farmers during a particular Kharif marketing season for Fair Average Quality (FAQ) paddy;