On this page, We are going to learn about the full form of MSP and the meaning of MSP, As well as the meaning, definition, abbreviation, and acronym for MSP in different categories. So you should read this post till the end.
The Full Form of MSP: Minimum Support Price
MSP stands for Minimum Support Price. MSP is a Method to sets a minimum price for the farmer’s crop by government. MSP is also known as Minimum Support Price. Through the Minimum Support Price, the farmers’ income does not fluctuate even if the price of their crops is low. in the market.
It is a way of guaranteeing from the government that in any case, the farmer will get a fixed price for his crop.
In short, If the farmer does not get MSP or more money in the Market, then the government buys the farmer’s crop from the farmers at MSP. Due to this, the farmers are not affected by the fluctuations in the prices of crops in the market.
What is the objective of MSP?
Farmers should not have a significant impact on the price of commodities in the markets, which is why the government sets a minimum support price for farmers’ products.
This is a major relief for farmers, who are still in a lot of difficulties as a result of the market’s continued instability. That is why farmers have the biggest demand for MSP.
| Acronyms | Abbreviation |
|---|---|
| MSP | Major Secretory Protein Medical |
| MSP | Managing Successful Programs Business |
| MSP | Maritime Security Program Computing & Cyber Security |
| MSP | Market Specific Processor Computing |
| MSP | Marketing Service Provider Business |
| MSP | Mash Streaming Protocol Computing |
| MSP | Mathematical Sciences Publishers Academic & Science |
| MSP | Max Script Package Computing |
| MSP | Maximum Shortest Path Computing |
| MSP | Media Service Provider Computing |
| MSP | Media Signal Processor Computing |
| MSP | Medicaid State Plan Governmental |
| MSP | Medical Services Plan Medical |
| MSP | Medical Supply Point Governmental |
| Msp | Medicare Secondary Payer Business |
| MSP | Member Service Provider Internet |
| MSP | Member Services Provider Computing |
| MSP | Memory Stick Pro Computing |
| MSP | Merchant Service Provider Business |
| MSP | Messerspitze International |
| MSP | Metropolitan Single Professionals Business |
| MSP | Microsoft Paint format Computing |
| MSP | Microsoft Patch Computing |
| MSP | Military Security and Police Governmental |
| MSP | Military Spouse Preference Governmental |
| MSP | Minority Science Programs Academic & Science |
| MSP | Mistake Sign for Parity Computing |
| MSP | MLS Service Provider Business |
| MSP | Moerdijk Sorting and Packing Business |
| MSP | Movie Star Planet Computing |
| MSP | Mud Sound Protocol Miscellaneous |
| MSP | Multi Sector Planning Computing |
| MSP | Multi Service Platform Computing |
| MSP | Multi Streaming Processor Computing |
| MSP | Multiplexed Switching Protection Computing |
| MSP | Mutual Security Program Computing & Cyber Security |