Answer-What is the primary objective of the government’s policy regarding MSP for Raw Jute?

Q: Answer-What is the primary objective of the government&rsquo;s policy regarding MSP for Raw Jute?

The governments policy aims to ensure that farmers receive a fair price for their produce, ensuring that they earn a 66.8 return over the all India weighted average cost of production. This policy aligns with the Budget 2018-19 directive to set MSP at 1.5 times the cost of production. By providing such returns, the government aims to improve farmers incomes and make jute cultivation more sustainable in the long term.

Home
/Questions
/Agriculture
/Current Agriculture
/What is the primary objective of the government’s policy regardi...

Question

What is the primary objective of the government’s policy regarding MSP for Raw Jute?

A To support the development of rural infrastructure Correct Incorrect

B To ensure the sustainability of jute mills Correct Incorrect

C To provide 66.8% return over the cost of production Correct Incorrect

D To reduce the cost of jute production Correct Incorrect

E To eliminate the need for MSP in the future Correct Incorrect

Detailed Solution

The government’s policy aims to ensure that farmers receive a fair price for their produce, ensuring that they earn a 66.8% return over the all India weighted average cost of production. This policy aligns with the Budget 2018-19 directive to set MSP at 1.5 times the cost of production. By providing such returns, the government aims to improve farmers’ incomes and make jute cultivation more sustainable in the long term.

Practice Next

More Current Agriculture Questions

Which scheme supported the development of the "Rangeen Machhli" app?
In a significant step, India’s first “Organic Fisheries Cluster” was recently established in which district of Sikkim?
“Kisan e-Mitra” is best described as:
Pusa hybrid 4 is a variety of:
Optimizing the use of farm resources on an individual farm level. It is
The available water holding capacity (AWHC) of sandy loam soil is:
Soils with Bulk density 1.325g/cc and Particle density of 2.65 g/cc consist of a total porosity of:
The VB-G RAM G Act, 2025 introduced the "Agricultural Pause Provision." What does this provision allow?
Under PMKSY's FSQAI component, the maximum financial assistance per food testing laboratory project is:
The main aim of plant breeding is

Hey! Ask a query

Please enter email id The email must be a valid email address.

Please enter Mobile Number Please enter valid Mobile Number

Please enter your Doubt

Thank You for posting your query. Please check your email for further guidance.

What is the primary objective of the government’s policy regarding MSP for Raw Jute?

Detailed Solution

More Current Agriculture Questions

Hey! Ask a query

Please Register/Login