The mere existence of MSPs will not do much for Indian farmers
The system won’t help them unless we relieve our support-price agenda of political considerations
The Prime Minister’s assurance of the MSP system staying firmly in place means little to farmers if it doesn’t act as a reliable safety net against market prices dropping grievously low
Replying to the motion of thanks on the President’s speech, Prime Minister Narendra Modi made a categorical statement that the minimum support price (MSP) was there, is there and will remain. This was in response to the demand by farmer unions regarding the enactment of a law to guarantee MSP-based procurement as part of their agitation against three farm Acts passed in September. The Prime Minister’s statement is not new, having been reiterated by several ministers during and after negotiations.