[feb] Open ended MSP meaning

Question 1

Context?

Answer 1

Commission for Agricultural Costs and Price (CACP) has recommended a review of the open-ended procurement policy of the government.

Question 2

What is open ended MSP?

Answer 2

whatever foodgrains are offered by the farmers, within the stipulated procurement period and which conforms to the quality specifications prescribed by the Government of India, are purchased at MSP by the Government agencies including FCI for the central pool.