User:Yashpal Singh Katal/sandbox

Minimium Support Prices (MSP) MSP system acts as an insurance against excessive price fall in the years of boom in production. There are prices at which teh Government is willing to buy any amount of grain from the farmer. A very large number of crops are covered by the MSP system. Msp system. MSP must fully cover the cost of pr4oduction but there is considerable debate on what constitutes true element of cost. The MSP system has also been a factor contributin to the growing stock of food grains.