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MSP

The MSP muddle

India’s agrarian economy hinges on the Minimum Support Price (MSP), a policy designed to shield farmers from the unpredictability of market forces. According to the National Sample Survey Office (NSSO), more than 50 per cent of Indian farmers are in debt, with a significant portion struggling to recover even their basic input costs.

Procurement of pulses from farmers at MSP in full swing under PM-AASHA scheme

Procurement of pulses at the MSP by the Centre is in full swing with the approval for continuation of the integrated Pradhan Mantri Annadata Aay Sanrakshan Abhiyan (PM-AASHA) Scheme during the 15th Finance Commission cycle up to 2025-26 to help farmers get higher prices for their produce, the Ministry of Agriculture and Farmers' Welfare said on Monday.