MINIMUM SUPPORT PRICE (MSP) FOR AGRICULTURAL PRODUCE
MINIMUM SUPPORT PRICE (MSP) FOR AGRICULTURAL PRODUCE - FEW INSIGHTS FOR TAKING APPROPRIATE DECISIONS Background: Then UPA Government under the leadership of Dr. Manmohan Singh appointed Dr. M S Swaminathan committee to look into the issues related to farmers and how to bring them out of agrarian crisis. The committee had gone into the details and recommended to revise MSP calculations considering cost of production plus 50% and protect farmer’s interests, so that farming will be a viable option with decent livelihoods. For some reasons, though the recommendations were presented and considered, could not be implemented before 2014 general elections. The PIL filed by few farmers’ organisations asking Supreme Court to direct GOI to implement the committee report was kept aside by stating that court cannot direct government to implement the policy decisions. The present NDA government under Sri Narendra Modi leadership recently took up the task of “ DOUBLING FARMERS INCO