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LATEST NEWS UPDATES | Why experts aren’t buying Centre’s argument against MSP for crops -Anju Agnihotri Chaba

Why experts aren’t buying Centre’s argument against MSP for crops -Anju Agnihotri Chaba

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published Published on Jan 10, 2021   modified Modified on Jan 10, 2021

-The Indian Express

Along with cancellation of the three farm laws, making MSP legal for all crops is another major demand of the farmers protesting at the Delhi border.

Jalandhar: While the Centre has been claiming that making Minimum Support Price (MSP) legal for all crops will put a burden of Rs 17 lakh crore on the government exchequer annually, there are economists and experts who are not buying this argument.

The MSP of 23 crops is determined by the Commission for Agriculture Cost and Price (CACP) every year, but only a few crops including wheat and paddy are procured on MSP and the rest are purchased by private players.

Along with cancellation of the three farm laws, making MSP legal for all crops is another major demand of the farmers protesting at the Delhi border.

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The Indian Express, 10 January, 2021, https://indianexpress.com/article/explained/farmers-protest-minimum-support-price-crops-experts-explain-7139259/?fbclid=IwAR0pKaBuVQ2oArFko-EiD6jVWIF1onv1van_4bK93cFTKlZswZKuvwRfWnI


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