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View: The clamour…and silence…over MSP in the farm bills

The MSP system, in place since the mid-1960s, was part of the country’s 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. The MSP was meant to protect...

Full description

Main Authors: Roy, Devesh, Meenakshi, J. V.
Format: Opinion Piece
Language:Inglés
Published: Times Group 2020
Subjects:
imports
minimum prices
market prices
technology
farmers
crops
rice
agricultural and rural legislation
subsidies
food prices
wheat
governance
Online Access:https://hdl.handle.net/10568/142152
Summary:The MSP system, in place since the mid-1960s, was part of the country’s 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. The MSP was meant to protect farmers against price crashes that could occur with large harvests.

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