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How important is MSP-based procurement -CP Chandrasekhar and Jayati Ghosh

-NetworkIdeas.org Though not featuring in any of the three farm laws, the Minimum Support Price (MSP) at which the government promises to procure 25 different commodities through different agencies, is a central issue in the standoff between the government and protesting farmers. The latter fear that the implementation of the three laws will end the MSP regime, with the government withdrawing from procuring output at a remunerative cost-plus price. The response...

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The paltry increase in MSP for Rabi 2022-23 crops will not address the growing farming crisis -Soham Bhattacharya and Tapas Singh Modak

-Foundation for Agrarian Studies blog The announcement on September 8, 2021 of the Minimum Support Price (MSP) for the upcoming Rabi Marketing Season (RMS) will be seen as adding insult to injury by thousands of protesting farmers who have sustained their agitation against the three anti-farmer Farm Acts for over a year. This is because the procurement prices offered are not merely grossly inadequate but also because the package comes dressed in...

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Fear of food grain crisis due to open procurement; increasing MSP coverage the solution, say experts -Vivek Mishra

-Down to Earth Buffer stock of wheat and rice in Food Corporation of India godowns double the normal  The Union government has procured and stored record amount of food grain since 2018. Yet, farmers have not been getting a fair price for their crop. And a huge part of the country’s population is unable to access the food grains. Meanwhile, the Commission for Agricultural Costs and Prices (CACP) has recommended the Union government...

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It’s time to protect the poor and the migrants from rising edible oil prices

In his Mann ki Baat address to the nation on 30th May, 2021, Prime Minister Shri Narendra Modi appreciated the fact that the farmers received "more than the minimum support price (MSP) for mustard" pertaining to the rabi production. One can easily guess from this statement of the PM that the mustard growers in Haryana (and elsewhere) preferred to sell their produce to private traders in the open market instead...

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Centre announces hike in MSP for paddy, pulses, oilseeds -Priscilla Jebraj

-The Hindu Farmer groups unhappy with the increase in paddy price. The Central government has hiked the minimum support price (MSP) for common paddy to ₹1,940 a quintal for the coming kharif season, less than 4% higher than last year’s price of ₹1,868. The decision was taken by the Cabinet Committee on Economic Affairs on Wednesday. In a bid to encourage crop diversification, there were slightly higher increases in the MSP for pulses, oilseeds...

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