Discover and read the best of Twitter Threads about #msplawforallcrops

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Hello! Let's talk MSP! What is MSP? Simply put, minimum support price is an agricultural product price, set by the GOI to purchase directly from the farmer.
#MSPLawForAllCrops
#FarmersProtest
MSP was created to ensure a minimum profit for the farmer in case the market price was below the cost of harvesting produce. GOI set prices for 23 commodities twice a year
#MSPLawForAllCrops
#FarmersProtest
This allowed farmers to ask for competitive rates for produce because they knew they had a guaranteed buyer if deals didn't go through.
#MSPLawForAllCrops
#FarmersProtest
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