Sentence examples for minimum support price from inspiring English sources

At present, the government offers a "minimum support price" to rice and wheat farmers.

That minimum support price has been rising, even though world prices have fallen, one reason why government storehouses are choked with unwanted grain.

At the inflated minimum support price, the biggest buyer is a government-owned monopoly called the Food Corporation of India (FCI).

Besides paying nothing for his water or electricity seven hours of it a day Mr Singh knows the government will buy all the rice he can grow, at a pre-ordained "minimum support price".

The wheat and rice help meet the needs of its food subsidy programs, provide a buffer stock in case of a drought and guarantee farmers a "minimum support price," which often is higher than the market price for grain.

As we noted earlier, the predominant cropping pattern in the region has become a rice-wheat rotation given the Government of India's procurement program for these grains and the associated minimum support price.

Farmers in the country's breadbasket are offered minimum support prices for wheat and rice which have been rising sharply over the past few years.

"Election-driven policies, such as slower fuel price calibration with international parity and higher minimum support prices for crops, could weaken the fiscal repair program or stall the reserve bank's efforts to tame inflation".

The WTO finds this sort of help more palatable.Third, it could phase out minimum support prices, which tend to favour bigger, richer farmers (and which 62% of Indian farmers do not even know exist).

But under a new food-security law, India is bringing in a $4 billion-a-year scheme to provide cheap food for 800m people; and the minimum support prices the government offers to farmers, which for rice have more than doubled since 2001-02, will continue rising.

Minimum Support Prices (MSP) set by the government form the floor for domestic wheat prices in India.