What is the tussle between farmers and the Central Government? The Minimum Support Price issue has been more politicised nowadays, But let's understand everything about it - What is MSP, How it is calculated, What are farmers' demands, Why the Government is helplessness and the way out on Minimum Support Price(MSP). As we all know that in the early 1960s India was facing very high shortage of foodgrains. So government planned new agricultural policies that marking the start of the Green Revolution. In 1964, the government set up the Food Corporation of India (FCI) to procure foodgrains from farmers at remunerative prices, and through the public distribution system to distribute cheap foodgrains to consumers and also maintain buffer stock for food security. In order to buy foodgrains from farmers and to encourage farmers to produce required crops there had to be a policy on pricing. Therefore in 1965, an Agricultural Prices Commission was set up to advise on the pricing policy ...
Aryavart Geopolitics strategically analyse the recent national and international events from India's point of view.