News: Farms laws have been repealed by the Govt. Further, it has also conceded to the demand of the unions to set up a committee to ensure minimum support prices (MSP) for all farmers along with other assurances. Amongst them, perhaps the most controversial and ambiguous is the demand for a guarantee of MSP. As… Continue reading What true MSP means
Tag: minimum support price
Assessing the case for a legal MSP
News: After getting the three farm laws repealed, the farm unions are now demanding a legalisation of MSP. But legalising MSP must be backed by a programme with requisite resources (like MGNREGA) and a time-frame within which governments would expand and diversify their procurement portfolios, in line with agro-ecology. Contents1 Why the state continues to… Continue reading Assessing the case for a legal MSP
India’s repeal of farm laws won’t resolve our real crisis of farming
News: The repeal of Farm laws is unlikely to end farmer worries. The need of the hour is to reform agriculture. What are the issues being faced by the agricultural sector? Farming in India is faced with many problems that makes farmers livelihood unsustainable. For example, the sector is faced with rising input costs and… Continue reading India’s repeal of farm laws won’t resolve our real crisis of farming
On legalising MSP: Supporting farmers
News: Farmers are now protesting for a legally guaranteed minimum support price (MSP) In terms of policy intervention, it is well accepted that incomes in the farm sector have fallen behind, compared to other sectors of the economy, and farmers need to be fairly compensated. But a legal price guarantee is not the solution. There… Continue reading On legalising MSP: Supporting farmers
