Farmers Protest: What is MSP And Why It Might Not Solve The Farmer¡¯s Problems
The Dilli Chalo agitation saw farmers clashing with police over the contentious issue of Minimum Support Price (MSP). Farmers demand a legal guarantee for MSP, promised after the 2021 protests. MSP is the government-set price for purchasing crops, acting as a safety net during market fluctuations. While experts doubt MSP's efficacy for all crops, logistical challenges make its implementation complex. Economists suggest income support over price support, but a legal MSP guarantee remains unlikely due to political considerations.