You are here
Home > Agriculture >

Minimum Support Price: A matter of definition


The government has agreed to fix the Minimum Support Price (MSP) at 50% more than the production cost incurred by the farmer in kharif crops.

But, there is a marked difference between what the government considers as the cost of production and what the farmer incurs.

Here’s a look at the difference in definition, how much each crop loses because of this difference and how frequently the Centre changes the MSP.

The below table shows that the gap between promised and calculated MSP is highest for dal varieties Moong, Urad and Arhar.

The below chart depicts the relationship between MSP and years when there was a Lok Sabha election.

 

Show Less Plan

Subscription Benefits Include

Today’s Paper

Find mobile-friendly version of articles from the day’s newspaper in one easy-to-read list.

Faster pages

Move smoothly between articles as our pages load instantly.

Unlimited Access

Enjoy reading as many articles as you wish without any limitations.

Dashboard

A one-stop-shop for seeing the latest updates, and managing your preferences.

Personalised recommendations

A select list of articles that match your interests and tastes.

Briefing

We brief you on the latest and most important developments, three times a day.

*Our Digital Subscription plans do not currently include the e-paper ,crossword, iPhone, iPad mobile applications and print. Our plans enhance your reading experience.



Source link

Leave a Reply