---
type: glossary_index
title: Glossary
canonical_url: 'https://liberty-lighthouse.vercel.app/glossary/'
markdown_url: 'https://liberty-lighthouse.vercel.app/glossary.md'
term_count: 4
---
# Glossary

Definitions of policy, economics, and civil-society terms used across Liberty Lighthouse.

- [MSP](https://liberty-lighthouse.vercel.app/glossary/msp.md) *(also: Minimum Support Price, MSPs)* — 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.
- [Right to Education Act](https://liberty-lighthouse.vercel.app/glossary/right-to-education-act.md) *(also: RTE Act, RTE, Right to Education, Section 12(2), RTE Section 12(2))* — 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).
- [school choice](https://liberty-lighthouse.vercel.app/glossary/school-choice.md) *(also: 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.
- [voucher system](https://liberty-lighthouse.vercel.app/glossary/voucher-system.md) *(also: school voucher, school vouchers, voucher systems, education voucher, vouchers)* — 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.