Economics · Agricultural Economics
Consider the following statements regarding PDS & MSP in India: 1. MSP (Minimum Support Price) – The price at which the government procures crops from farmers to ensure price stability and support. 2. Issue Price – The price at which the Central Government provides food grains to states for PDS distribution. 3. Central Pool – The stock of food grains procured and maintained by FCI and state agencies for PDS and buffer reserves. 4. Economic Cost – The total cost incurred by FCI, including procurement price, procurement incidentals, and distribution costs. 5. State governments are responsible for identifying eligible beneficiaries under the National Food Security Act (NFSA). How many of the above statements are correctly described/matched?
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