Price Support Mechanism under MSP Operations

The Centre will spend ₹1,061 crore to reimburse the Cotton Corporation of India (CCI) and its sub-agent in Maharashtra for procuring cotton at the minimum support price in that State since 2014. Why Centre reimburses to states? In the event of fall in market prices, the Centre intervenes through following schemes- Market Intervention Scheme Similar … Continue reading Price Support Mechanism under MSP Operations