Please enable JavaScript.
Coggle requires JavaScript to display documents.
Food Management (MSP (It is a form of market intervention by GoI to insure…
Food Management
MSP
It is a form of market intervention by GoI to insure agricultural producers against any sharp fall in farm prices
It is anoounced at the begning of the sowing season for certain crops on the recommendations of CACP
-
-
Procurement prices
-
MSP is announced before sowing, while the procurement price is anounced before harvesting
-
Issue price
The price at which the government allows offtake of food grains from the FCI (the price at which the FCI sells its Food grain)
-
To make the food grains affordable to the consumers, he issue prices for the food grains are set lower than the total cost of procurement and distribution - the gap converts into the Food Subsidies
-
Buffer stocks
-
PDS was restructured as the TDS in 1997, buffer स्टॉक norm in 2005, NFSA in mid 2014
-