Most protests over the Farm Bills now Act are associated with the Minimum Support Price (MSP) the premise being that the Act is the proverbial Trojan horse by which procurement operations by the government will be withdrawn gradually. These protests are perhaps the loudest in northern states, traditionally Indias wheat basket and rice bowl. To allay these concerns, the government immediately announced its rabi MSPs, increasing prices in nominal terms by 6 per cent for six crops, including including wheat. But equally deafening is the silence and apparent lack of concern over the MSP in other states. Why havent all farmers been as vociferous? It is after all a pan-India price, announced for 23 crops across both seasons.
First, some context: the MSP system, in place since the mid-1960s, was part of the countrys drive to reduce dependence on food imports. It was an integral part of a package that included subsidized inputs meant to incentivize farmers to adopt new technologies and enhance farm productivity. And as the name suggests, the MSP was meant to protect farmers against price crashes that could (and do) occur with large harvests.
https://economictimes.indiatimes.com/news/economy/agriculture/view-the-clamour-and-silence-over-msp-in-the-farm-bills/articleshow/78514294.cms
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Most protests over the Farm Bills now Act are associated with the Minimum Support Price (MSP) the premise being that the Act is the proverbial Trojan horse by which procurement operations by the government will be withdrawn gradually. These protests are perhaps the loudest in northern states, traditionally Indias wheat basket and rice bowl. To allay these concerns, the government immediately announced its rabi MSPs, increasing prices in nominal terms by 6 per cent for six crops, including including wheat. But equally deafening is the silence and apparent lack of concern over the MSP in other states. Why havent all farmers been as vociferous? It is after all a pan-India price, announced for 23 crops across both seasons. First, some context: the MSP system, in place since the mid-1960s, was part of the countrys drive to reduce dependence on food imports. It was an integral part of a package that included subsidized inputs meant to incentivize farmers to adopt new technologies and enhance farm productivity. And as the name suggests, the MSP was meant to protect farmers against price crashes that could (and do) occur with large harvests. https://economictimes.indiatimes.com/news/economy/agriculture/view-the-clamour-and-silence-over-msp-in-the-farm-bills/articleshow/78514294.cms