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Consider the following statements.
  1. Pulses constitute the maximum number of crops announced under minimum support price (MSP).
  2. Sugarcane, cotton, copra and raw jute are the commercial crops covered under MSP.
  3. Farmers can demand MSP as a matter of right.
Which of the above statements is/are correct?
  • a)
    1, 3
  • b)
    2, 3
  • c)
    2 only
  • d)
    1, 2
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
Consider the following statements. Pulses constitute the maximum numbe...
Pulses constitute the maximum number of crops announced under minimum support price (MSP):
This statement is incorrect. Pulses do not constitute the maximum number of crops announced under minimum support price (MSP). The MSP is announced for a variety of crops including cereals, pulses, oilseeds, and commercial crops. Pulses are one of the crops covered under MSP, but they do not constitute the maximum number.

Sugarcane, cotton, copra and raw jute are the commercial crops covered under MSP:
This statement is correct. Sugarcane, cotton, copra, and raw jute are among the commercial crops covered under MSP. The MSP for these crops is announced by the government to ensure that farmers receive a fair price for their produce. The government sets the MSP based on various factors such as input costs, market prices, and the demand-supply situation.

Farmers can demand MSP as a matter of right:
This statement is incorrect. While the government announces the MSP for various crops, farmers do not have the right to demand the MSP. The MSP is a support price set by the government to provide a safety net for farmers in case the market prices fall below the cost of production. However, the implementation of the MSP and the actual procurement of crops at MSP is subject to various factors such as availability of procurement infrastructure, market demand, and financial resources of the government.

In conclusion, the correct statements are:
- Sugarcane, cotton, copra, and raw jute are the commercial crops covered under MSP.
- Farmers cannot demand MSP as a matter of right.
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Community Answer
Consider the following statements. Pulses constitute the maximum numbe...
The Centre announces MSPs for 23 crops, including seven cereals (paddy, wheat, maize, bajra, jowar, ragi and barley), five pulses (chana, tur/arhar, moong, urad and masur), seven oilseeds (mustard-rapeseed, groundnut, soyabean, sunflower, sesamum, safflower and nigerseed) and four commercial crops (sugarcane, cotton, copra and raw jute).
The MSP is an indicative price; it does not have statutory backing, and farmers cannot demand MSP as a matter of right. In most crops grown across much of India, the prices received by farmers, especially during harvest time, are well below the officially-declared MSPs.
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Consider the following statements. Pulses constitute the maximum number of crops announced under minimum support price (MSP). Sugarcane, cotton, copra and raw jute are the commercial crops covered under MSP. Farmers can demand MSP as a matter of right.Which of the above statements is/are correct?a)1, 3b)2, 3c)2 onlyd)1, 2Correct answer is option 'C'. Can you explain this answer?
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