Modi govt’s MSP hike: Long on objective, short on details
It is surprising the government is yet to come up with the procurement mechanism which will determine how it will ensure that farmers get the MSPs
Will the sharp increase in the minimum support prices (MSPs) for various kharif crops lead to higher rural demand? That is the whole point of the exercise, which is aimed at alleviating rural distress, about which the government has been at the receiving end politically. With elections around the corner, ensuring that farmers are taken care of is a key objective.