Chinmaya IAS Academy – Current Affairs Chinmaya IAS Academy – Current Affairs
The Public Distribution System (PDS) evolved as a system of management of scarcity through the distribution of food grains at affordable prices.
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Minimum Support Price (MSP)
The Government of India sets Minimum Support Price (MSP) for certain agricultural products. MSP is a safety net for farmers that ensures a minimum guaranteed price for their produce. MSP protects farmers from market fluctuations and ensures a fair return on their investment. The MSP is based on a calculation of at …
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