New DelhiIf the government’s Minimum Support Price Program (MSP) helped to properly create a minimum price, farmers in the top 11 agricultural states would have earned, on average, nearly Rs 1.9 billion more from selling their produce. According to The cables data analysis from Agmarknet, the government’s price information system, …
Read More »What it is, why do farmers protest it and which states benefit from it
The 2015 Shanta Kumar Committee found that only about 6 percent of farmers actually sell their crops at MSP rates. This is because MSP acquisitions by the government do not occur uniformly and because it is the same across India it does not necessarily benefit all farmers. For example, C2 …
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