-The Indian Express Schemes to ensure that farmers get fair returns will come a croppper unless trade and tariffs are synced with minimum support prices. With farm prices of several commodities falling way below their minimum support prices (MSPs) in 2016-17 and 2017-18, farmers have been under increasing stress. The Centre and several state governments are searching for ways and means to support farmers. In his recent address (Mann ki Baat), the...

-PTI New Delhi: Prime Minister Narendra Modi today said the MSP for crops will be at least 1.5 times the production cost so as to boost farmers’ incomes and the Centre is working with states to ensure that they get the benefit of the support prices. He also said many people are spreading rumours regarding the minimum support price (MSP) and creating a gloomy atmosphere. He said all input costs would...

-Livemint.com From 14 March the farmer organisations will carry out a public consultation and audit of the MSP system in mandis in eight states and raise the demand to make MSPs a legal entitlement for farmers New Delhi: Holding the government accountable for its budget promise of ensuring minimum support prices (MSP) to farmers, a host of farmer organisations on Wednesday flagged that the winter harvest of gram, lentils and mustard, which...

-Livemint.com To stabilize crop prices and make them remunerative, the Swaminathan Commission proposed significant improvements in the implementation of MSPs Across the country, farmers are furious—and rightfully so. Four years ago, they helped bring the Bharatiya Janata Party (BJP) to power, believing Narendra Modi’s claims that they would no longer suffer official neglect. But since then, conditions in agriculture have got worse. Earlier problems have worsened as farm incomes have been squeezed...

-Livemint.com Linking MSPs to a multiple of costs and ignoring other dynamics, such as demand and global prices, risks creating distortions and disincentivizing productivity Government policymaking seems to be making a volte-face from supporting consumers (by keeping food inflation low), to supporting producers (by raising food prices). In the 2018-19 Union budget, the government “decided to keep minimum support prices (MSP) for all unannounced crops of kharif at least at one-and-a-half times of...