Current Affairs · Agriculture and Pricing Policies
As per the policy decision announced in Union Budget 2018–19 and followed subsequently, the Minimum Support Price (MSP) fixation benchmark is set at what level?
- 1Direct linkage with international export price index
- 2Parity with current open market wholesale prices
- 3At least 1.5 times the weighted average cost of production✓
- 42 times the A2 cost of production
Correct answer
At least 1.5 times the weighted average cost of production
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