Glossary

Definitions of policy, economics, and civil-society terms used across the site. Hover any highlighted term in an article to see its short definition; click for the full entry.

M

MSP Minimum Support Price — the government's floor price for select crops, primarily wheat and rice. A guarantee that procurement agencies will buy at this price if market rates fall below.

R

Right to Education Act Indian legislation enacted in 2009 making free and compulsory education a fundamental right for children aged 6 to 14. Imposes input-based standards on schools and a 25% reservation for disadvantaged children in private schools under Section 12(2).

S

school choice The principle that families should be free to choose the school their child attends, including private schools, with public funding following the student rather than going directly to a government school.

V

voucher system A school-choice mechanism where the state funds a parent-redeemable voucher rather than directly funding government schools. Parents choose where to enrol; schools compete for funding.