7) Recently the union government promised a minimum support price (MSP) that is 50% higher than farmers’ cost of production. In the light of the criticisms made against this move, critically examine how this will be implemented.

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Topic:  Issues related to direct and indirect farm subsidies and minimum support prices; 

7) Recently the union government promised a minimum support price (MSP) that is 50% higher than farmers’ cost of production. In the light of the criticisms made against this move, critically examine how this will be implemented. (240 Words)

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