Price Support Program

The Price Support Program is a government initiative designed to stabilize and maintain the prices of certain agricultural products, ensuring that farmers receive a minimum income for their crops. By setting these price levels, the program helps protect farmers from drastic price drops due to market fluctuations. The government may buy surplus products or provide financial assistance to producers to keep prices stable. This support aims to ensure a steady food supply and sustain farming livelihoods, ultimately contributing to the overall economy and food security.