The Maximum Support Price (MSP) regime was the creation of the era of scarcity of the food grain and over-reliance on it in the time of surplus production could prove counterproductive. Comment. 10 marks

Mentor’s comment-

  • https://indianexpress.com/article/opinion/columns/farm-bills-2020-india-farmers-msp-price-coronavirus-modi-govt-6721272/
  • In the intro, briefly mention what MSP is.
  • In the body mention how MSP has been beneficial in the time of scarcity and it could be helpful now for the crops we import. However, its continuance for the crops like wheat and paddy could be inefficient and make the agriculture uncompetitive and inefficient. Cite some figures incurred by the FCI for the procurement of the crops and excess stocks with the FCI and how it makes the overall system inefficient.
  • Conclude by mentioning the need for the reforms.
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4 years ago

Please check

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4 years ago
Reply to  Parth Verma

Thank you sir

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4 years ago

Please review
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4 years ago

Pls review

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4 years ago
Reply to  arun saraswat

Second page

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kk
4 years ago

Pls review #0000306234

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