Which state cabinet approved a bill for creation of a price stabilization fund to ensure that the state farmers get minimum support price (MSP) in 2018?
Answer with explanationAnswer: Option A
On August 24, 2018, he Punjab cabinet approved a bill for creation of a price stabilization fund. This decision was taken by the cabinet meeting chaired by Chief Minister Amarinder Singh. This would ensure that state farmers get minimum support price (MSP). It would protect the interests of farmers in the event of a sudden fall in prices of certain agricultural commodities. Amendments will be made to sections 25 (A), 26 and 28 of the Punjab Agricultural Produce Markets Act, 1961.
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