Invention to convention -An essential shift in Indian Agriculture As a country, we moved from food starving to food surplus nation in about 75years. Our food grain production increased from 50 Million MT in 1951 to 308 Million MT in 2020-21, which is a considerable achievement. With food grains such as paddy and wheat, shifting from sellers’ market to buyers’ market with bumper production in subsequent years, farmers are facing problems in selling the produce, despite Minimum support price (MSP) mechanisms. In fact it is impossible for any government directly purchasing from farmers at Minimum support price (MSP) and sustain the operations. The intention of MSP is to act as bench mark price. While working on MSP, other than cost of production, the other factors such crop planning, value addition possibilities, export potential, cost of buffer stock management etc., shall be considered. Just declaring MSP is not sufficient from Government, it has work on whole lot ...
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