Higher MSPs do not truly benefit farmers
The lack of state infrastructure as well as fiscal constraints mean that farmers remain mute spectators to the political games played in their name
In the last two years, fixing the minimum support price (MSP) to deliver remunerative prices to farmers has been at the forefront of the debate on the farm crisis. There have been numerous reports about the crash in market prices in this period, particularly after demonetization in November 2016. The Union finance minister finally announced in the budget speech for 2018-19 that the government will fix MSP at 50% over the cost. On 4 July, the government fulfilled its promise.