Experts Weigh in on Legal Status for MSP: Complexity in Implementation Highlighted

Amid renewed protests by farmers seeking a legal guarantee for Minimum Support Prices (MSP), experts have voiced differing opinions on the feasibility and implications of such a move.

The demand, rooted in the MS Swaminathan Commission’s recommendations, has resurfaced, reflecting the ongoing challenges in the agricultural sector.

The initiative, previously explored through the establishment of a dedicated MSP Committee following earlier farmer protests, underscores the intricacies of price stabilization in agriculture.

MSP, a critical tool for shielding farmers from market uncertainties, remains a focal point in the ongoing discussions.

Responding to queries in the Rajya Sabha, the Minister of Agriculture highlighted the formation of committees like the MSP Committee to address the nuances of MSP determination.