Question
What is the allocated budget for Minimum Support Price
(MSP) for wheat and paddy farmers in the fiscal year 2022-23, as stated in the Union Budget 2022-23?Solution
In Budget 2022-23, Finance Minister Nirmala Sitharaman has made a provision for Rs 2.37 lakh crore worth of MSP (Minimum Support Price) direct payments to wheat and paddy farmers.
If the PV ratio us 80% and MOS is 20000. Calculate FC if SP per unit is 5 and Contribution is 40000.
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As per Negotiable Instruments Act, 1881, Negotiable Instruments means:
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