MSP Full Form

MSP Full Form:Minimum Support Price

MSP full form is Minimum Support Price. It is the lowest price above which government agencies like FCI(Food Corporation of India) and private agency purchased crops from farmers. For example, the government has disintegrated the minimum support price of rice at ₹ 2000. The farmer will not get less than ₹ 2000 from the government, who will sell his rice to the government or any private agency they will get money on the basis of MSP...