Perception, reality, and optimality: The MSP composite in relation to the farm acts

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The Rise

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Agriculture in India needs to get the markets right, in the first place. Only then can the raising of farmers’ incomes to a reasonable level become a reality. Across space or over time, farmers should be able to trade freely with certainty. If MSP were a panacea, we would not be having any conversation, in the first place, about doubling farmers’ income more than five decades on!

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minimum prices, food production, farmers, rice, farm income, trade, agricultural and rural legislation, subsidies, food prices, wheat, governance

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