How does the Centre aims to support farmers through assured buying on MSP for crops

Centre offers contract-based assured buying on MSP for five crops; farmers to get back today
The Centre supports farmers through assured buying on Minimum Support Price (MSP) for crops by offering contract-based procurement for five key crops. This initiative aims to provide farmers with a guaranteed market for their produce at MSP rates. Here are the ways in which the Centre aims to support farmers through this scheme:
  • By providing a reliable market for farmers to sell their crops at MSP rates.
  • Ensuring timely payments to farmers for their produce.
  • Reducing the dependence of farmers on middlemen and ensuring fair prices for their crops.
  • Increasing farmers' income and financial security.
  • Promoting stability in the agriculture sector and safeguarding the interests of farmers.
Answered a year ago
Rohit Preparing for Civil Services