Examine the various implications of legalizing the minimum support prices for various agricultural commodities. (200 Words)
Refer - Business Line
Enrich the answer from other sources, if the question demands.
IAS Parliament 2 years
KEY POINTS
· The Centre has been announcing MSP for crops every year for two seasons kharif and rabi since 1965, based on the recommendation of the Commission for Agricultural Costs and Prices (CACP).
· MS Swaminathan-headed Farmers’ Commission (2006) recommended that MSPs for crops should be fixed at 50 per cent higher than the cost of production.
· The procurement is not linked with crop production of different States. In 2018-19, Punjab’s share in paddy production was only 11 per cent, but its share in procurement was 25.53 per cent.
· This is also reinforced by the data of the Situation Assessment Survey (SAS) of farmers in 2018-19 that underlined only about 17 per cent of farmer households sold paddy to procurement agencies.
· SAS data of 2018-19 suggests that the awareness about the MSP-based procurement is poor. This might be higher among marginal and small farmers, who constitute 86 per cent of all farmers.
· The Shantha Kumar Committee (2015) report not only questioned the undue importance given to the procurement of paddy and wheat but suggested widening the procurement scheme.
· While every effort is needed to fix the MSP based on the true cost of production, there is also a need to reduce the cost of cultivation which has skyrocketed particularly after the introduction of MGNREGS.
Rekha 2 years
Kindly review mam/ sir
IAS Parliament 2 years
Good attempt. Keep Writing.
Raj 2 years
kindly Review, Thanks
IAS Parliament 2 years
Details about MSP are not required and examine the implications along with relevant data. Keep Writing.
Raj 2 years
K. V. A 2 years
Kindly review
IAS Parliament 2 years
Try to elaborate more about postivie impacts. Keep Writing.
