MSP as a policy measure was used by the government of India during the wake of the green revolution in order to protect farmers and provide them with enough funds so that their production of crops isn't affected by dwindling prices and scarcity. ... So MSP is also used a tool of pricing policy for paddy and other similar produce. ... In fact one of the negative impacts of food security bill was the increase in the already inflated fiscal deficit. ...

• Word Count: 1623
• Approx Pages: 6
• Has Bibliography
• Grade Level: High School