{"id":151457,"date":"2021-12-07T20:06:59","date_gmt":"2021-12-07T14:36:59","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=151457"},"modified":"2021-12-07T20:06:59","modified_gmt":"2021-12-07T14:36:59","slug":"msp-is-no-silver-bullet-to-boost-farmers-income","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/msp-is-no-silver-bullet-to-boost-farmers-income\/","title":{"rendered":"MSP is no silver bullet to boost farmers’ income"},"content":{"rendered":"\n

News: \u00a0<\/strong>Even as the central government has announced its withdrawal of the three farm laws, farmer unions have persisted in their demand to make the minimum support price (MSP) a legal entitlement.<\/p>\n

But, even if it becomes a legal right, the MSP, in its current form, is unlikely to resolve the problems of Indian farmers across the country<\/a>.<\/p>\n

More broad-based measures such as better access to inputs, crop insurance and agro-advisory would be far more beneficial to farmers.<\/p>\n

Why legalising MSP cannot resolve India\u2019s farm crisis<\/strong>?<\/h5>\n

The issue of quantum of price increase:<\/strong> Over the past 10 years, the compounded annual increase in MSP for most major crops, especially wheat and paddy, has barely matched the rate of general increase in prices.<\/p>\n

Interstate cost variance<\/strong>: There is a large disparity among states in terms of cost of production of a crop due to factors such as land, labour costs and scale of production. For instance<\/strong>, the projected A2+FL for paddy ranges from \u20b9759 a quintal in Punjab to \u20b92,405 in Maharashtra for the 2021-22 kharif marketing season.<\/p>\n

However, a single MSP is declared for the entire country based on a weighted average. Thus, farmers in some states benefit far more than others from MSP, and some may even lose out if they depend on this mechanism.<\/p>\n

Read more in the following articles:<\/strong><\/p>\n

– After farm laws repeal, farmer unions want legal guarantee for MSP. Should the govt give in?<\/a><\/strong><\/span><\/p>\n

– Legalising MSP: Challenges and way forward – Explained, pointwise<\/a><\/strong><\/span><\/p>\n

Source:<\/strong> This post is based on the article \u201cMSP is no silver bullet to boost farmers’ income<\/strong>\u201d published in Livemint<\/strong> on 7th Dec<\/strong> 2021.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

News: \u00a0Even as the central government has announced its withdrawal of the three farm laws, farmer unions have persisted in their demand to make the minimum support price (MSP) a legal entitlement. But, even if it becomes a legal right, the MSP, in its current form, is unlikely to resolve the problems of Indian farmers… Continue reading MSP is no silver bullet to boost farmers’ income<\/span><\/a><\/p>\n","protected":false},"author":10316,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1230,9],"tags":[216,10501],"class_list":["post-151457","post","type-post","status-publish","format-standard","hentry","category-9-pm-daily-articles","category-public","tag-gs-paper-3","tag-live-mint","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":"","cached_date":1704917483},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/151457","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10316"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=151457"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/151457\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=151457"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=151457"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=151457"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}