Minimum Support Price

Views Updated: Dec 15, 2025

Key Facts

Abbreviation
MSP
Pronunciation
/ˈmɪnəməm səˈpɔrt praɪs/
Category
Business
Related Field
-1

Examples in Context

  1. We should be flexible while fixing the minimum support price.
  2. The money will allow farmers'associations to buy tobacco during the auctions, a strategy aimed at forcing national and international tobacco buyers to pay at least the minimum support price.
  3. It is time that government take some measure to ensure minimum infrastructure support to the farmers to enable their products to reach the market at the right time and they get the margin price.

Other meanings of MSP

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Music Service Provider Community
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