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  • Category: Festivals

    What are the advantages and disadvantages of setting MSP(Minimum Support Price) for FPs

    Dear Members,
    Let us discuss. The farmers are demanding legal setting up of MSP (Minimum Support Price) for all the farm products(FP). I too support that there should be MSP for all farm products that will help all the farmers to benefit. MSP should be there from tomato to potato. All vegetables, pulses, cereals and millets should have a set MSP. MSP can be altered or changed year after a year.

    Why government is hesitating to set MSP for all the farm products? What are the advantages and disadvantages of MSP to both government, the farmers and the traders. Let us discuss it seriously with facts.
  • #721362
    The point can be discussed in this thread on the farmer's agitation.

    Sun, as a senior member, hope you will remember that multiple threads on the same topic will not be appreciated.

    'To know what you know and what you do not know, that is true knowledge.'-Confucius

  • #721364
    It is good to fix a minimum support price. That will be good for the seller. Nobody asks the seller to sell that product for less than that price. Minimum returns are expected. There is no rule that a farmer has to sell the product at that price. He can demand more also. Based on the demand and the supply the seller can decide on the price. But if there is no MSP and when the item is available plenty, the buyers can ask for a very low price. In that way, MSP will help the seller making him not to lose heavily.
    always confident

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