MSP
News
October 7, 2020
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.
In the News
July 20, 2019
Overemphasis on Zero Budget Natural Farming (ZBNF) to reduce cost of production and double farmer incomes must be analysed critically and holistically. The adoption of high-yielding variety (HYV) seeds along with irrigation, chemical fertilisers, associated package of practices and strong policy support (credit, MSP, etc) ushered in Green Revolution during the 1960s.
News and Events
June 11, 2018
Doubling farmers’ income by 2022 is a paradigm shift in transforming policies and programs from production to income. Ensuring remunerative prices to the farmers is one of the several pathways to achieve the objective. In the Union Budget 2018, the Government of India (GoI) accepted the long-awaited demand of the farmers regarding the new minimum support price (MSP) at 1.5 times more than the cost of production. It appears that Cost A2 + FL, which covers the cost of production, interest on working capital, and imputed value of unpaid family labor is the cost of production that the government will be considering. The government has also announced the development of mechanisms to ensure that farmers receive at least MSPs of their produce.
Agriculture
March 2, 2018
Farmers in India do not get remunerative prices for their crops even as consumers complain of high and rising food prices. A year of good production often turns out to be terrible for farmers because of the price crash. In his budget speech, the finance minister proposed raising the minimum support prices (MSP) to 1.5 times the cost of production.
Agriculture
February 14, 2018
Policy Dialogue on Innovations in Ensuring Remunerative Prices (MSP) to Farmers: Challenges and Strategies & Launch of Global Food Policy Report 2018 on March 23, 2018, New Delhi, India.
News and Events
February 10, 2018
On expected lines, the Budget 2018-19 aimed at strengthening agriculture and rural economy. Agriculture deserves serious attention as roughly half of the population is dependent on it for food security and livelihood opportunities. During the last few months, we have witnessed farmers’ agitation silently spreading across all the states.
News and Events
July 31, 2015
A recent conference organized jointly by the Council for Social Development (CSD) and the International Food Policy Research Institute (IFPRI) explored research gaps on food and livelihood security and existing models that could be used for successful change.
Publications
March 18, 2015
In September 2013, the Parliament of India enacted the National Food Security Act (NFSA), which entitles two thirds of India’s